The Board Of Directors Of Fidelity D&D Bancorp, Parent Company Of The Fidelity Deposit And Discount Bank, Declared Quarterly Dividend Of $0.40/Share, 5% Increase Above The Prior Quarterly Cash Dividend Of $0.38/Share
Portfolio Pulse from Benzinga Newsdesk
Fidelity D&D Bancorp's Board of Directors has declared a quarterly dividend of $0.40 per share, marking a 5% increase from the previous dividend of $0.38 per share.
October 24, 2024 | 11:07 am
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Fidelity D&D Bancorp has increased its quarterly dividend by 5% to $0.40 per share, indicating a positive outlook and potential shareholder value.
The increase in the dividend suggests that Fidelity D&D Bancorp is confident in its financial stability and future earnings, which is generally perceived positively by investors. This could lead to a short-term increase in stock price as investors may view the company as a more attractive investment.
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