United Financial Bancorp Announces Q2 Dividend for Shareholders
GLASTONBURY, Conn. — United Financial Bancorp Inc., the holding company for United Bank, announced that its board of directors declared a quarterly cash dividend on the company’s common stock of $0.10 per share to shareholders of record at the close of business on July 28 and payable on Aug. 4. This dividend equates to a 2.97% annualized yield based on the $13.45 average closing price of the company’s common stock in the second quarter of 2014. The company has now paid dividends for 33 consecutive quarters.
“This dividend is reflective of our consistent capital-management strategy, and we are pleased to continue to be in a position to reward United shareholders with another consecutive 10-cent dividend on Aug. 4,” said William Crawford, CEO of United Financial Bancorp Inc. and United Bank.