Bridge Bancorp, Inc. Announces Second Quarter 2020 Dividend
Rhea-AI Summary
Bridge Bancorp, Inc. (NASDAQ: BDGE) has announced a quarterly dividend of $0.24 per share, which will be paid on July 27, 2020, to shareholders on record as of July 20, 2020. This declaration continues the company's pattern of uninterrupted dividends. Bridge Bancorp operates under BNB Bank, which has approximately $6.1 billion in assets and serves the Long Island and greater New York metropolitan area through its 39 branches.
AI-generated analysis. Not financial advice.
Positive
- Quarterly dividend declared at $0.24 per share, showing commitment to shareholder returns.
- Uninterrupted dividend payments indicate stable financial health.
Negative
- None.
News Market Reaction – BDGE
On the day this news was published, BDGE declined 4.09%, reflecting a moderate negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
BRIDGEHAMPTON, N.Y., July 06, 2020 (GLOBE NEWSWIRE) -- Bridge Bancorp, Inc. (the “Company”) (NASDAQ®: BDGE), the holding company for BNB Bank (“BNB”), announced the declaration of a quarterly dividend of
About Bridge Bancorp, Inc.
Bridge Bancorp, Inc. is a bank holding company engaged in commercial banking and financial services through its wholly-owned subsidiary, BNB Bank. Established in 1910, BNB, with assets of approximately
BNB has a rich tradition of involvement in the community, supporting programs and initiatives that promote local business, the environment, education, healthcare, social services and the arts.
Contact: John M. McCaffery
Executive Vice President
Chief Financial Officer
(631) 537-1000, ext. 7290