LINCOLN PARK, N.J., March 14, 2017 /PRNewswire/ -- Lincoln Park Bancorp (OTC Bulletin Board: LPBC) (the "Company"), the holding company of Lincoln 1st Bank, announced that its Board of Directors has declared a cash dividend of $0.08 per share on the Company's outstanding common stock. The dividend, which is for the year ended December 31, 2016, will be paid on or about April 14, 2017 to stockholders of record as of the close of business on March 28, 2017.
Lincoln Park Bancorp, MHC, the Company's parent mutual holding company, does not intend to waive receipt of the dividend.
The Company is the holding company for Lincoln 1st Bank, a FDIC-insured New Jersey-chartered savings bank headquartered in Lincoln Park, New Jersey.
David G. Baker
President and Chief Executive Officer
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SOURCE Lincoln Park Bancorp