Fidelity D & D Bancorp, Inc. Announces Increase Of Quarterly Dividend From $0.36 To $0.38 Per Share
The Board of Directors of Fidelity D & D Bancorp, Inc. (NASDAQ:FDBC), parent company of The Fidelity Deposit and Discount Bank, announce their declaration of the Company's fourth quarter dividend of $0.38 per share, a 6% increase above the prior quarterly cash dividend of $0.36 per share.
"On behalf of the Board of Directors and all Fidelity Bankers, I am proud to announce a dividend increase for the ninth consecutive year. We remain committed to sustainably increasing shareholder value and continuing to make meaningful investments back into the Company, positioning it for future growth," said Daniel J. Santaniello, President & Chief Executive Officer. "We are grateful for the support of our shareholders, our Bankers, clients, the community."
The cash dividend of $0.38 per share is payable December 8, 2023 to shareholders of record at the close of business on November 17, 2023.