Clifton Bancorp Inc. to Pay $0.25 Special Dividend
June 14 2017 - 4:15PM
Business Wire
Clifton Bancorp Inc., (the “Company”) (NasdaqGS: CSBK), the
holding company for Clifton Savings Bank, announced today that its
Board of Directors has declared a special cash dividend of $0.25
per share on its outstanding common stock, payable on or about July
13, 2017 to stockholders of record as of the close of business on
June 29, 2017.
“Since our conversion to a fully public company in April 2014 we
believe we have created value for CSBK stockholders through our
organic growth, dividends and share repurchases, all of which have
been made possible by our consistent earnings and exceedingly high
capital position,” said Paul M. Aguggia, President and CEO. “This
special dividend represents another tangible way to leverage our
capital and provide returns for the benefit of our stockholders. We
appreciate our stockholders' investment in CSBK.”
Clifton Bancorp Inc. is the holding company of Clifton Savings
Bank (CSBK), a federally chartered savings bank headquartered in
Clifton, New Jersey. CSBK is a metropolitan, community-focused bank
serving residents and small businesses in its market area through
12 full-service banking centers. For additional investor relations
information, including subscribing to email alerts, visit
cliftonbancorp.com.
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version on businesswire.com: http://www.businesswire.com/news/home/20170614005910/en/
Clifton Bancorp Inc.Michael Lesler, 973-473-2200
Clifton Bancorp Inc. (MM) (NASDAQ:CSBK)
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