ECB Bancorp, Inc. (Nasdaq: ECBE), the parent holding company of The East Carolina Bank (the “Bank”), announced that on March 15, 2011, the Corporation's Board of Directors declared a quarterly cash dividend of $0.07 per share, payable April 11, 2011 to shareholders of record on March 28, 2011.

This dividend is unchanged from 4 th Quarter 2010 and equates to an annualized dividend of $0.28 per share.

About ECB Bancorp, Inc.

ECB Bancorp, Inc. is a bank holding company, headquartered in Engelhard, North Carolina, whose wholly-owned subsidiary, The East Carolina Bank, is a state-chartered, independent community bank insured by the FDIC. The Bank provides a full range of financial services through its 25 offices covering eastern North Carolina from Currituck to Ocean Isle Beach and Greenville to Hatteras. The Bank also provides mortgage services, wealth management services, and insurance services through the Bank’s licensed agents. The Company’s common stock is listed on The Nasdaq Global Market under the symbol “ECBE”. More information can be obtained by visiting ECB’s web site at www.MyECB.com.

Copyright Business Wire 2010

If you liked this article you might like

ECB Bancorp Inc Stock Upgraded (ECBE)

ECB Bancorp Inc Stock Upgraded (ECBE)

Pimco Buys on the Cheap -- This Time a Company

Pimco Buys on the Cheap -- This Time a Company

Bill Gross Must Have Warren Buffett Envy - Outrage

Bill Gross Must Have Warren Buffett Envy - Outrage

Pimco Reportedly Nears First Bank Deal

Pimco Reportedly Nears First Bank Deal

Today's Financial Stock Winners and Losers