Fidelity D & D Bancorp, Inc.: Increases for Ten Consecutive Years with 5% Rise in Fourth Quarter 2024 Dividend
Fidelity D & D Bancorp (NASDAQ: FDBC) has announced a 5% increase in its fourth quarter dividend to $0.40 per share, up from the previous $0.38 per share. This marks the company's tenth consecutive year of dividend increases, with the dividend more than doubling over this period. The dividend will be payable on December 10, 2024, to shareholders of record as of November 15, 2024. The bank operates 21 full-service community banking offices across Lackawanna, Luzerne, and Northampton Counties, plus a wealth management office in Schuylkill County.
Fidelity D & D Bancorp (NASDAQ: FDBC) ha annunciato un aumento del 5% nel suo dividendo del quarto trimestre, portandolo a $0,40 per azione, rispetto al precedente $0,38 per azione. Questo segna il decimo anno consecutivo di aumenti dei dividendi da parte dell'azienda, con il dividendo che è più che raddoppiato in questo periodo. Il dividendo sarà pagabile il 10 dicembre 2024, agli azionisti registrati al 15 novembre 2024. La banca gestisce 21 uffici bancari di comunità a servizio completo nelle contee di Lackawanna, Luzerne e Northampton, oltre a un ufficio di gestione patrimoniale nella contea di Schuylkill.
Fidelity D & D Bancorp (NASDAQ: FDBC) ha anunciado un aumento del 5% en su dividendo del cuarto trimestre a $0,40 por acción, por encima del anterior $0,38 por acción. Esto marca el décimo año consecutivo de aumentos de dividendos de la compañía, con el dividendo más que duplicándose durante este período. El dividendo se pagará el 10 de diciembre de 2024, a los accionistas registrados al 15 de noviembre de 2024. El banco opera 21 oficinas de banca comunitaria a servicio completo en los condados de Lackawanna, Luzerne y Northampton, además de una oficina de gestión de patrimonio en el condado de Schuylkill.
Fidelity D & D Bancorp (NASDAQ: FDBC)는 4분기 배당금을 5% 인상하여 주당 $0.40으로 임명했다고 발표했습니다. 이는 이전의 $0.38에서 증가한 것입니다. 이는 회사의 10년 연속 배당금 인상 기록을 세우며, 이 기간 동안 배당금이 두 배 이상 증가했습니다. 배당금은 2024년 12월 10일에 지급될 예정이며, 2024년 11월 15일 기준 주주에게 지급됩니다. 은행은 Lackawanna, Luzerne, Northampton 카운티에 21개의 완전 서비스 커뮤니티 은행 사무소를 운영하고 있으며, Schuylkill 카운티에 자산 관리 사무소도 운영하고 있습니다.
Fidelity D & D Bancorp (NASDAQ: FDBC) a annoncé une augmentation de 5% de son dividende du quatrième trimestre à 0,40 $ par action, contre 0,38 $ par action auparavant. Cela marque la dixième année consécutive d'augmentations de dividendes pour l'entreprise, avec le dividende ayant plus que doublé pendant cette période. Le dividende sera payable le 10 décembre 2024 aux actionnaires inscrits au 15 novembre 2024. La banque exploite 21 bureaux bancaires communautaires à service complet dans les comtés de Lackawanna, Luzerne et Northampton, ainsi qu'un bureau de gestion de patrimoine dans le comté de Schuylkill.
Fidelity D & D Bancorp (NASDAQ: FDBC) hat eine Erhöhung um 5% seiner Dividende für das vierte Quartal auf 0,40 $ pro Aktie angekündigt, gegenüber zuvor 0,38 $ pro Aktie. Dies markiert das zehnte Jahr in Folge, in dem das Unternehmen die Dividende erhöht hat, wobei sich die Dividende in diesem Zeitraum mehr als verdoppelt hat. Die Dividende wird am 10. Dezember 2024 an Aktionäre ausgezahlt, die am 15. November 2024 eingetragen sind. Die Bank betreibt 21 vollumfängliche Niederlassungen in den Gemeinden Lackawanna, Luzerne und Northampton sowie ein Vermögensverwaltungsbüro im Landkreis Schuylkill.
- Increased quarterly dividend by 5% to $0.40 per share
- Tenth consecutive year of dividend increases
- Dividend has more than doubled over the past decade
- None.
Insights
The 5% dividend increase to
DUNMORE, Pa., Oct. 24, 2024 (GLOBE NEWSWIRE) -- 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
“On behalf of the Board of Directors and all Fidelity Bankers, we are proud to announce our fourth quarter cash dividend increase, marking ten consecutive years of increasing and a more than doubling of the dividend paid over the period. This milestone reflects ongoing targeted reinvestment from the creation of sustainable value to our shareholders and the communities we serve," shared Daniel J. Santaniello, President & Chief Executive Officer. "As we look toward future growth, we remain deeply grateful for the continued support of our dedicated Bankers, valued clients, loyal shareholders, and the communities we serve."
The cash dividend of
Fidelity D & D Bancorp, Inc. serves Lackawanna, Luzerne and Northampton 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 mobile 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 President and Chief Executive Officer 570-504-8035 | Salvatore R. DeFrancesco, Jr. Treasurer and Chief Financial Officer 570-504-8000 |
FAQ
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