Fidelity D & D Bancorp, Inc.: Increases for Ten Consecutive Years with 5% Rise in Fourth Quarter 2024 Dividend
24 Oktober 2024 - 12:58PM
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 $0.40 per share, a 5% increase above the prior quarterly cash
dividend of $0.38 per share.
“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 $0.40 per share is payable December 10,
2024 to shareholders of record at the close of business on November
15, 2024.
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. SantanielloPresident and Chief Executive
Officer570-504-8035 |
Salvatore R. DeFrancesco,
Jr.Treasurer and Chief Financial Officer570-504-8000 |
Fidelity D and D Bancorp (NASDAQ:FDBC)
Historical Stock Chart
Von Okt 2024 bis Nov 2024
Fidelity D and D Bancorp (NASDAQ:FDBC)
Historical Stock Chart
Von Nov 2023 bis Nov 2024