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Fidelity D & D Bancorp, Inc. Fourth Quarter 2019 Dividend increased 8%

Written by Customer Service on . Posted in Public Companies.

DUNMORE, Pa., Nov. 06, 2019 (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 $0.28 per share, an 8% increase above the prior quarterly cash dividend of $0.26 per share.
“This cash dividend increase demonstrates the Board of Director’s and the Fidelity Bankers’ commitment to sustainably increasing shareholder value,” stated Daniel J. Santaniello, President and Chief Executive Officer.  “We are proud to announce a dividend increase for the fifth consecutive year, while continuing investment back into the Company in a meaningful way that drives profitable growth.”The cash dividend of $0.28 per share is payable December 10, 2019 to shareholders of record at the close of business on November 20, 2019.Fidelity D & D Bancorp, Inc. serves Lackawanna and Luzerne Counties through The Fidelity Deposit and Discount Bank’s twelve community banking offices.For more information visit our investor relations web site through www.bankatfidelity.com.

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