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Fidelity D & D Bancorp, Inc. First Quarter 2025 Dividend

1. Fidelity D & D Bancorp announces a 5% dividend increase to $0.40. 2. The dividend is payable on March 10, 2025, to shareholders of record on February 14, 2025. 3. The bank serves multiple counties with 21 community banking offices. 4. Fidelity offers digital banking services to enhance customer experience.

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FAQ

Why Bullish?

The dividend increase signals financial health and commitment to shareholders, potentially boosting stock price as seen in past dividend hikes.

How important is it?

The article directly impacts FDBC by highlighting its financial strategy, particularly its dividend policy which is crucial for investor confidence.

Why Short Term?

The immediate effect of the announced dividend is likely to influence investor sentiment and stock performance quickly.

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FDBC
DUNMORE, Pa., Jan. 24, 2025 (GLOBE NEWSWIRE) -- The Board of Directors of Fidelity D & D Bancorp, Inc. (NASDAQ: FDBC), parent company of The Fidelity Deposit and Discount Bank, announce their declaration of the Company’s 2025 first quarter dividend of $0.40 per share, a 5% increase above the prior year’s first quarter dividend paid of $0.38 per share. The dividend is payable March 10, 2025 to shareholders of record at the close of business on February 14, 2025. Fidelity D & D Bancorp, Inc. serves Lackawanna, Luzerne, Northampton and Lehigh Counties through The Fidelity Deposit and Discount Bank’s 21 full-service community banking offices, along with the Fidelity Bank Wealth Management Minersville Office in Schuylkill County. Fidelity Bank provides a digital and virtual experience via digital services and digital account opening through Online Banking and the Fidelity Mobile Banking app. 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. Contacts:            Daniel J. SantanielloPresident and Chief Executive Officer570-504-8035 Salvatore R. DeFrancesco, Jr.Treasurer and Chief Financial Officer570-504-8000   

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