NorthEast Community Bancorp, Inc. Announces Quarterly Cash Dividend

Rhea-AI Summary

NorthEast Community Bancorp (NASDAQ: NECB) has declared a quarterly cash dividend of $0.20 per common share, payable on August 6, 2025, to shareholders of record as of July 7, 2025. The company operates through eleven branch offices across New York (Bronx, Orange, Rockland, and Sullivan Counties) and Massachusetts (Essex, Middlesex, and Norfolk Counties), along with three loan production offices in New City, White Plains, and Danvers. NorthEast Community Bancorp serves as the holding company for NorthEast Community Bank, headquartered in White Plains, New York.

Positive

• Regular quarterly dividend payment demonstrates financial stability
• Maintains consistent shareholder returns through dividend distributions
• Broad geographical presence across multiple counties in NY and MA

Negative

• None.

WHITE PLAINS, N.Y., June 19, 2025 (GLOBE NEWSWIRE) -- NorthEast Community Bancorp, Inc. (the “Company”) (Nasdaq: NECB) announced today that its Board of Directors has declared a quarterly cash dividend of $0.20 per common share. The dividend will be paid on or about August 6, 2025 to shareholders of record as of the close of business on July 7, 2025.  

About NorthEast Community Bancorp, Inc.

NorthEast Community Bancorp, headquartered at 325 Hamilton Avenue, White Plains, New York 10601, is the holding company for NorthEast Community Bank, which conducts business through its eleven branch offices located in Bronx, New York, Orange, Rockland, and Sullivan Counties in New York and Essex, Middlesex, and Norfolk Counties in Massachusetts and three loan production offices located in New City, New York, White Plains, New York, and Danvers, Massachusetts. For more information about NorthEast Community Bancorp and NorthEast Community Bank, please visit www.necb.com.

Cautionary Note About Forward-Looking Statements        

This press release contains certain forward-looking statements. Forward-looking statements include statements regarding anticipated future events and can be identified by the fact that they do not relate strictly to historical or current facts. They often include words such as “believe,” “expect,” “anticipate,” “estimate,” and “intend” or future or conditional verbs such as “will,” “would,” “should,” “could,” or “may.” These statements are based upon the current beliefs and expectations of the Company’s management and are subject to significant risks and uncertainties. Actual results may differ materially from those set forth in the forward-looking statements as a result of numerous factors. Factors that could cause actual results to differ materially from expected results include, but are not limited to, changes in market interest rates, regional and national economic conditions (including higher inflation and its impact on regional and national economic conditions), legislative and regulatory changes, monetary and fiscal policies of the United States government, including policies of the United States Treasury and the Federal Reserve Board, the quality and composition of the loan or investment portfolios, demand for loan products, decreases in deposit levels necessitating increased borrowing to fund loans and securities, competition, demand for financial services in NorthEast Community Bank’s market area, changes in the real estate market values in NorthEast Community Bank’s market area, the impact of failures or disruptions in or breaches of the Company’s operational or security systems, data or infrastructure, or those of third parties, including as a result of cyberattacks or campaigns, and changes in relevant accounting principles and guidelines. Additionally, other risks and uncertainties may be described in our annual and quarterly reports filed with the U.S. Securities and Exchange Commission (the “SEC”), which are available through the SEC’s website located at www.sec.gov. These risks and uncertainties should be considered in evaluating any forward-looking statements and undue reliance should not be placed on such statements. Except as required by applicable law or regulation, the Company does not undertake, and specifically disclaims any obligation, to release publicly the result of any revisions that may be made to any forward-looking statements to reflect events or circumstances after the date of the statements or to reflect the occurrence of anticipated or unanticipated events.

CONTACT:	Kenneth A. Martinek
	Chairman and Chief Executive Officer
PHONE:	(914) 684-2500

FAQ

What is the dividend amount for NECB stock in Q3 2025?

NorthEast Community Bancorp (NECB) declared a quarterly cash dividend of $0.20 per common share for Q3 2025.

When is the dividend payment date for NECB shareholders?

The dividend will be paid on August 6, 2025, to shareholders of record as of July 7, 2025.

How many branch locations does NorthEast Community Bank operate?

NorthEast Community Bank operates eleven branch offices across New York and Massachusetts, plus three loan production offices.

Where is NorthEast Community Bancorp (NECB) headquartered?

NorthEast Community Bancorp is headquartered at 325 Hamilton Avenue, White Plains, New York 10601.

What states does NorthEast Community Bank operate in?

NorthEast Community Bank operates in New York (Bronx, Orange, Rockland, and Sullivan Counties) and Massachusetts (Essex, Middlesex, and Norfolk Counties).