Fidelity D & D Bancorp, Inc. Fourth Quarter 2013 Dividend and 2013 10% Bonus
DUNMORE, Pa., Nov. 6, 2013 /PRNewswire/ -- The Board of Directors of Fidelity D & D Bancorp, Inc. (OTC Bulletin Board: FDBC), parent company of The Fidelity Deposit and Discount Bank, announce their declaration of the Company's fourth quarter dividend of $0.25 per share plus a 2013 bonus dividend of 10%, or $0.10 per share. Because the Company's 2013 year-to-date net income was well above expected pace at 11% above prior years' level, the Board declared a one-time bonus payment for 2013 as a means to share the Company's success with its' loyal shareholders. The total cash dividend of $0.35 per share is payable December 10, 2013 to shareholders of record at the close of business on November 18, 2013.
Fidelity D & D Bancorp, Inc. serves Lackawanna and Luzerne Counties through The Fidelity Deposit and Discount Bank's eleven community banking offices.
For more information visit our investor relations web site through www.bankatfidelity.com.
This press release may contain forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Actual results and trends could differ materially from those set forth in such statements due to various factors. These factors include the possibility that increased demand or prices for the company's financial services and products may not occur, changing economic, interest rate and competitive conditions, technological developments and other risks and uncertainties, including those detailed in the company's filings with the Securities and Exchange Commission.
SOURCE Fidelity D & D Bancorp, Inc.