Fidelity D & D Bancorp, Inc. Announces Nineth Consecutive Year Increase with 6% Increase of Fourth Quarter 2023 Dividend
19 Outubro 2023 - 4:54PM
The Board of Directors of Fidelity D & D Bancorp, Inc. (NASDAQ:
FDBC), parent company of The Fidelity Deposit and Discount Bank,
announce their declaration of the Company’s fourth quarter dividend
of $0.38 per share, a 6% increase above the prior quarterly cash
dividend of $0.36 per share.
“On behalf of the Board of Directors and all Fidelity Bankers, I
am proud to announce a dividend increase for the ninth consecutive
year. We remain committed to sustainably increasing shareholder
value and continuing to make meaningful investments back into the
Company, positioning it for future growth,” said Daniel J.
Santaniello, President & Chief Executive Officer. “We are
grateful for the support of our shareholders, our Bankers, clients,
the community.”
The cash dividend of $0.38 per share is payable December 8, 2023
to shareholders of record at the close of business on November 17,
2023.
Fidelity D & D Bancorp, Inc. serves Lackawanna, Luzerne,
Northampton and Lehigh Counties through The Fidelity Deposit and
Discount Bank’s 21 full-service community banking offices, along
with the Fidelity Bank Wealth Management Minersville Office in
Schuylkill County. Fidelity Bank provides a digital and virtual
experience via digital services and digital account opening through
Online Banking and the Fidelity Mobile Banking app.
For more information visit our investor relations web site
through www.bankatfidelity.com.
This press release may contain forward-looking statements as
defined in the Private Securities Litigation Reform Act of 1995.
Actual results and trends could differ materially from those set
forth in such statements due to various factors. These factors
include the possibility that increased demand or prices for the
company’s financial services and products may not occur, changing
economic, interest rate and competitive conditions, technological
developments and other risks and uncertainties, including those
detailed in the company’s filings with the Securities and Exchange
Commission. |
Contacts: |
|
|
Daniel J.
Santaniello |
Salvatore R.
DeFrancesco, Jr. |
|
President and Chief Executive Officer |
Treasurer and Chief Financial Officer |
|
570-504-8035 |
570-504-8000 |
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