Delhi Bank Corp. (DWNX: OTC Link) | DELHI BANK CORP. ANNOUNCES 1.00% INCREASE IN QUARTERLY CASH DIVIDEND

DELHI BANK CORP. ANNOUNCES 1.00% INCREASE IN QUARTERLY CASH DIVIDEND

Mar 15, 2012

OTC Disclosure News Service

Delhi, NY –

FOR IMMEDIATE RELEASE

 

 

 

 

DELHI BANK CORP.

ANNOUNCES 1.00% INCREASE IN QUARTERLY CASH DIVIDEND

 

 

DELHI, N.Y.,  March 15, 2012 – Delhi Bank Corp. (OTC Markets Group: DWNX.PK),

The Delhi Bank Corp. Board of Directors declared a first quarter 2012 cash dividend of $0.1515 per share at a meeting held on March 14, 2012. This quarterly cash dividend represents a 1.00% increase over the $0.15 per share declared for the quarter ending December 2011. The dividend will be paid on or about April 16, 2012 to shareholders of record as of the close of business on March 30, 2012.  

 

Delhi Bank Corp. is a New York Chartered bank holding company headquartered in Delhi, New York. As of December 31, 2011, Delhi Bank Corp. had assets of $239.8 million and Stockholders’ equity of $23.0 million.

 

CONTACT:    Delhi Bank Corp.

         Robert W. Armstrong, President/CEO 
         (607) 746-0700

The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.

Article source: http://www.otcmarkets.com/stock/DWNX/news?id=43682

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