Blue Hills Bancorp, Inc. Declares Quarterly and Special Cash Dividend
May 17 2017 - 8:00AM
On May 16, 2017, the Board of Directors of Blue Hills Bancorp, Inc.
(NASDAQ:BHBK) declared a special dividend of $0.20 and a regular
quarterly cash dividend of $0.05 per common share, payable on June
14, 2017 to stockholders of record as of May 31, 2017.
ABOUT BLUE HILLS BANCORPBlue Hills Bancorp,
Inc., with corporate headquarters in Norwood, MA, had assets of
$2.5 billion at March 31, 2017 and operates 11 branch offices in
Boston, Dedham, Hyde Park, Milton, Nantucket, Norwood, West
Roxbury, and Westwood, Massachusetts. Blue Hills Bank is a full
service, community bank with its main office in Hyde Park,
Massachusetts. The Bank's three branches in Nantucket,
Massachusetts operate under the name, Nantucket Bank, a division of
Blue Hills Bank. The Bank provides consumer, commercial and
municipal deposit and loan products in Eastern Massachusetts
through its branch network, loan production offices and eCommerce
channels. The Bank offers commercial business and commercial real
estate loans in addition to cash management services and commercial
deposit accounts. The Bank also serves consumers through a full
suite of consumer banking products including checking accounts,
mortgage loans, equity lines of credit and traditional savings and
certificate of deposit accounts. The Bank has invested
substantially in online technology including online account opening
and funding, online mortgage applications, online banking, mobile
banking, bill pay and mobile deposits. Blue Hills Bank has been
serving area residents for over 140 years. For more information
about Blue Hills Bank, visit www.bluehillsbank.com.
Media and Investor Contact:
William Parent, 617-360-6520
Blue Hills Bancorp, Inc. (NASDAQ:BHBK)
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