This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

BCB Bancorp, Inc., Announces Quarterly Cash Dividend

BCB Bancorp, Inc., Bayonne, NJ (NASDAQ:BCBP) announced a quarterly cash dividend of $0.12 per common share for the fiscal quarter ended December 31, 2011. The record date has been established as February 7, 2012, with a payable date of February 17, 2012.

Donald Mindiak, President & CEO commented that, “the $0.12 cash dividend represents the Board of Directors’ and Managements’ confidence to provide a competitive return to our shareholders while remaining consistent with our philosophy of providing our shareholders a return on equity that is comparable to our peers. The Allegiance Community Bank transaction was completed in the fourth quarter and the integration of the Allegiance franchise is almost complete. We anticipate a computer systems conversion late in the first quarter which will complete the transaction in its entirety. We are encouraged by the quality of the personnel that has joined our staff and the markets that we have entered by virtue of this transaction and look forward to offering our products and services to customers in our broader market.”

Mr. Mindiak continued, “the acquisition of Pamrapo in 2010 and Allegiance in 2011 is a testament to our shareholders that the Board and Management remains committed to taking advantage of opportunities that increase franchise and shareholder value and executing transactions when economic synergies of efficiency can be realized.”

Forward-looking Statements and Associated Risk Factors

This release, like many written and oral communications presented by BCB Bancorp, Inc., and our authorized officers, may contain certain forward-looking statements regarding our prospective performance and strategies within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. We intend such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995, and are including this statement for purposes of said safe harbor provisions.

1 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG

Markets

DOW 18,126.12 -36.87 -0.20%
S&P 500 2,120.79 -2.69 -0.13%
NASDAQ 5,097.9760 -8.6170 -0.17%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs