Fidelity D & D Bancorp, Inc. First Quarter 2025 Dividend

Rhea-AI Summary

Fidelity D & D Bancorp (NASDAQ: FDBC) has announced its first quarter 2025 dividend of $0.40 per share, representing a 5% increase from the previous year's first quarter dividend of $0.38 per share. The dividend will be paid on March 10, 2025, to shareholders of record as of February 14, 2025.

The company operates through The Fidelity Deposit and Discount Bank with 21 full-service community banking offices serving Lackawanna, Luzerne, Northampton and Lehigh Counties, plus a Wealth Management Office in Schuylkill County. The bank offers digital services and account opening through Online Banking and the Fidelity Mobile Banking app.

Positive

• 5% increase in quarterly dividend from $0.38 to $0.40 per share
• Extensive regional presence with 21 full-service banking offices
• Digital banking capabilities through online and mobile platforms

Negative

• None.

News Market Reaction

-1.48%

1 alert

-1.48% News Effect

On the day this news was published, FDBC declined 1.48%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

DUNMORE, Pa., Jan. 24, 2025 (GLOBE NEWSWIRE) -- 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 2025 first quarter dividend of $0.40 per share, a 5% increase above the prior year’s first quarter dividend paid of $0.38 per share. The dividend is payable March 10, 2025 to shareholders of record at the close of business on February 14, 2025.

Fidelity D & D Bancorp, Inc. serves Lackawanna, Luzerne, Northampton and Lehigh Counties through The Fidelity Deposit and Discount Bank’s 21 full-service community banking offices, along with the Fidelity Bank Wealth Management Minersville Office in Schuylkill County. Fidelity Bank provides a digital and virtual experience via digital services and digital account opening through Online Banking and the Fidelity Mobile Banking app.

For more information visit our investor relations web site through www.bankatfidelity.com.

This press release may contain forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Actual results and trends could differ materially from those set forth in such statements due to various factors. These factors include the possibility that increased demand or prices for the company’s financial services and products may not occur, changing economic, interest rate and competitive conditions, technological developments and other risks and uncertainties, including those detailed in the company’s filings with the Securities and Exchange Commission.

Contacts:
Daniel J. Santaniello President and Chief Executive Officer 570-504-8035		Salvatore R. DeFrancesco, Jr. Treasurer and Chief Financial Officer 570-504-8000

FAQ

What is FDBC's Q1 2025 dividend amount and when is it payable?

FDBC's Q1 2025 dividend is $0.40 per share, payable on March 10, 2025, to shareholders of record as of February 14, 2025.

How much did FDBC increase its dividend compared to Q1 2024?

FDBC increased its dividend by 5%, from $0.38 per share in Q1 2024 to $0.40 per share in Q1 2025.

What is the record date for FDBC's Q1 2025 dividend?

The record date for FDBC's Q1 2025 dividend is February 14, 2025.

How many banking offices does FDBC operate and in which counties?

FDBC operates 21 full-service community banking offices serving Lackawanna, Luzerne, Northampton and Lehigh Counties, plus a Wealth Management Office in Schuylkill County.