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EBSB - Meridian Bancorp hikes quarterly dividend by 25% announces 1M shares buyback
Meridian Bancorp Inc.
Meridian Bancorp (EBSB) declares $0.10/share quarterly dividend, 25% increase from prior dividend of $0.08.Forward yield 2.33%Payable April 1; for shareholders of record March 18; ex-div March 17.The Company also announced that it has adopted a new stock repurchase program for up to 1,000,000 shares, or approximately 1.9% of its outstanding common stock.See EBSB Dividend Scorecard, Yield Chart, & Dividend Growth.