Legacy Bancorp, Inc. Declares Quarterly Cash Dividend of $0.05 per Common Share
11 12월 2008 - 7:00AM
Business Wire
Legacy Bancorp, Inc. (the �Company� or �Legacy�) (NASDAQ: LEGC),
the holding company for Legacy Banks (the �Bank�), today announced
that its Board of Directors has declared a cash dividend of $0.05
per common share. The dividend will be paid on January 2, 2009, to
stockholders of record as of December 20, 2008. Chairman and CEO J.
Williar Dunlaevy stated, �We are pleased that the Board of
Directors approved this most recent dividend for our shareholders.
We intend to continue to pay a quarterly dividend, subject to the
Board�s review of earnings, financial condition, capital and other
regulatory and financial considerations.� Legacy Banks is
headquartered in Pittsfield, Massachusetts. It employs 193 people
and has seventeen offices throughout Berkshire County,
Massachusetts and Eastern New York, as well as a Loan Production
Office in Colonie, New York. Legacy offers Personal Banking,
Mortgage Lending, Commercial Services, Insurance, Investments,
Portfolio Management, Credit and Debit Card products, and Online
Services. FORWARD LOOKING STATEMENTS Certain statements herein
constitute �forward-looking statements� within the meaning of the
Private Securities Litigation Reform Act of 1995. These statements
are based on the beliefs and expectations of management, as well as
the assumptions made using information currently available to
management. Since these statements reflect the views of management
concerning future events, these statements involve risks,
uncertainties and assumptions. As a result, actual results may
differ from those contemplated by these statements. Forward-looking
statements can be identified by the fact that they do not relate
strictly to historical or current facts. They often include words
like �believe,� �expect,� �anticipate,� �estimate,� and �intend� or
future or conditional verbs such as �will,� �would,� �should,�
�could� or �may.� Certain factors that could cause actual results
to differ materially from expected results include changes in the
interest rate environment, changes in general economic conditions,
legislative and regulatory changes that adversely affect the
businesses in which Legacy Bancorp is engaged and changes in the
securities market. Readers are cautioned not to place undue
reliance on these forward-looking statements, which speak only as
of the date of this release. The Company disclaims any intent or
obligation to update any forward-looking statements, whether in
response to new information, future events or otherwise.
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