Lincoln Park Bancorp Announces Dividend
LINCOLN PARK, N.J., Sept. 10, 2012 /PRNewswire/ -- Lincoln Park Bancorp (OTC Bulletin Board - LPBC), today announced that the Company, based on performance through March 2012, has declared a semi annual cash dividend of $0.06 per share of the Company's common stock. The dividend will be payable to stockholders of record as of September 28, 2012 and will be paid on October 4, 2012.
The Company is the majority-owned subsidiary of Lincoln Park Bancorp, MHC, a federal mutual holding company, which owns 56% percent of the Company's outstanding shares. Lincoln Park Bancorp, MHC has filed a regulatory notice of its intention to waive the receipt of dividends paid on its shares of the Company, which has been approved by the Federal Reserve by letter dated March 7, 2012.
Lincoln Park Bancorp is the parent corporation for Lincoln Park Savings Bank, a New Jersey chartered savings bank headquartered in Lincoln Park, New Jersey. The Bank's deposits are insured by the Federal Deposit Insurance Corporation.
Contact: David G. Baker , President
and Chief Executive Officer
Lincoln Park Bancorp
Telephone: (973) 694-0330
SOURCE Lincoln Park Bancorp
More by this Source
Lincoln Park Bancorp Announces Earnings For The March 31, 2013 Quarter
May 03, 2013, 17:00 ET
Lincoln Park Bancorp Announces Earnings For The Year Ended December 31, 2012
Feb 08, 2013, 17:00 ET
Browse our custom packages or build your own to meet your unique communications needs.
Learn about PR Newswire services
Request more information about PR Newswire products and services or call us at (888) 776-0942.