Sandy Spring Bancorp Declares Quarterly Dividend and Sets Date for Annual Meeting
January 30 2020 - 7:00AM
Sandy Spring Bancorp, Inc., (Nasdaq- SASR), the parent company of
Sandy Spring Bank, announced that the board of directors declared a
quarterly common stock dividend of $0.30 per share payable on
February 19, 2020 to shareholders of record on February 12, 2020.
This dividend is consistent with the previous linked quarter and
$0.02 over the first quarter of 2019.
It was also announced that the board set the
date of the annual meeting of shareholders for June 4, 2020 at 2:00
p.m. (ET). The board moved the meeting to the later date to permit
the acquisition of Revere Bank to close and allow former Revere
Bank shareholders to participate. Shareholders of record on April
9, 2020 (record date) will be eligible to vote at the annual
meeting.
About Sandy Spring Bancorp, Inc./Sandy
Spring Bank
Sandy Spring Bancorp, Inc., headquartered in
Olney, Maryland, is the holding company for Sandy Spring Bank, a
premier community bank in the Greater Washington, D.C. region. With
over 50 locations, the bank offers a broad range
of commercial and retail
banking, mortgage, private banking,
and trust services throughout Maryland, Northern
Virginia, and Washington, D.C. Through its subsidiaries, Sandy
Spring Insurance Corporation and West Financial Services,
Inc., Sandy Spring Bank also offers a comprehensive menu
of insurance and wealth management services.
For additional information or questions, please
contact:
Daniel J. Schrider, President & Chief Executive Officer,
or
Philip J. Mantua, Executive V.P. & Chief Financial
Officer
Sandy Spring
Bancorp
17801 Georgia
Avenue
Olney, Maryland
20832
1-800-399-5919
E-mail: DSchrider@sandyspringbank.com
PMantua@sandyspringbank.com
Website: www.sandyspringbank.com
Media
Contact:
Sam Price Vice President,
Marketing Sandy Spring
Bank 301.260.3614
sprice@sandyspringbank.com
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