Beacon Federal Bancorp, Inc. Announces Quarterly Dividend
August 23 2012 - 4:30PM
Beacon Federal Bancorp, Inc. (the "Company") (Nasdaq:BFED)
announced today that the Board of Directors of the Company has
declared a quarterly cash dividend of $0.07 per share of the
Company's common stock. The dividend reflects an annual cash
dividend rate of $0.28 per share. The dividend will be payable
to stockholders of record as of September 11, 2012, and is expected
to be paid on September 21, 2012.
The Company, through its subsidiary, Beacon Federal ("the
Bank"), offers banking and related financial services to both
individual and commercial customers. The Bank is headquartered
in East Syracuse, New York. The Company's stock is traded on
the NASDAQ Global Market under the symbol "BFED." For more
information about Beacon Federal, visit www.beaconfederal.com.
CONTACT: Lisa M. Jones
Senior Vice President and CFO
Beacon Federal Bancorp, Inc.
6611 Manlius Center Road
East Syracuse, NY 13057
(315) 433-0111 x 1582
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