Northeast Community Bancorp, Inc. (NASDAQ: NECB) today announced that its Board of Directors declared a quarterly cash dividend of $0.03 per common share. The dividend will be paid on or about May 2, 2011 to stockholders of record as of the close of business on April 11, 2011.

Northeast Community Bancorp, Inc. is the holding company for Northeast Community Bank. Northeast Community Bank is a federally chartered savings bank that operates four full-service offices in New York and two full-service branches in Danvers and Plymouth, Massachusetts.

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