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Wellesley Bancorp Inc. Dividend Announcement

(NASDAQ:WEBK), www.wellesleybank.com

DIVIDEND ANNOUNCEMENT: Wellesley Bancorp Inc. (NASDAQ:WEBK) on 08/22/2018 declared a dividend of $0.0550 per share

August 22, 2018

Wellesley Bancorp Inc. (NASDAQ:WEBK) on 08/22/2018 declared a dividend of $ 0.0550 per share payable on September 19, 2018 to shareholders of record as of September 05, 2018.

Wellesley Bancorp Inc. (NASDAQ:WEBK) has paid dividends since 2014, has a current dividend yield of 0.65% and has increased its dividends for 3 successive years.

Wellesley Bancorp Inc.'s market cap is $ 85,510,000 and has a PE ratio of 19.88. The stock price closed yesterday at $ 34.00 and has a 52 week low/high of $ 25.02 and $ 34.50.

Wellesley Bancorp is a bank holding company. Through its wholly-owned subsidiary, Wellesley Bank, Co. operates as a community-oriented financial institution providing financial services to consumers and businesses. Co. accepts deposits from the general public and uses those funds to originate primarily residential mortgage loans, commercial real estate loans and construction loans. In addition, Co. also provides investment management services for high net worth individuals, families, businesses, private partnerships, nonprofit organizations, foundations and trusts. As of Dec 31 2016, Co. had total assets of $695.2 million and total deposits of $522.8 million.

For more information on Wellesley Bancorp Inc. click here.

Wellesley Bancorp Inc. current dividend information as per the date of this press release is:
Dividend Declaration Date: August 22, 2018
Dividend Ex Date: September 04, 2018
Dividend Record Date: September 05, 2018
Dividend Payment Date: September 19, 2018
Dividend Amount: $ 0.0550
 
 

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