Northeast Community Bancorp (NECB) increased its quarterly dividend by 200% to $0.30 per share.
Northeast Community Bancorp, Inc. (NECB) declared a quarterly dividend of $0.30 per share, up from $0.10, marking a 200% increase and a yield of 5.06%. The company has raised its dividend by an average of 17.2% annually over the past three years, with a payout ratio of 14.8%. For the last quarter, NECB reported earnings per share of $0.97, surpassing forecasts by $0.25. The stock will go ex-dividend on October 4th.
September 21, 2024
3 Articles