Brookline Bancorp, Inc. Announces Quarterly Dividend


Brookline Bancorp (NASDAQ:BRKL) announced a quarterly dividend on Thursday, April 24th, ARN reports. Investors of record on Friday, May 9th will be paid a dividend of 0.085 per share on Friday, May 23rd. This represents a $0.34 annualized dividend and a dividend yield of 3.72%. The ex-dividend date is Wednesday, May 7th.

Shares of Brookline Bancorp (NASDAQ:BRKL) remained flat at $9.13 during trading on Thursday. 196,550 shares of the company’s stock traded hands. Brookline Bancorp has a 1-year low of $8.21 and a 1-year high of $10.10. The stock has a 50-day moving average of $9.35 and a 200-day moving average of $9.16. The company has a market cap of $641.7 million and a P/E ratio of 18.01.

Brookline Bancorp (NASDAQ:BRKL) last posted its quarterly earnings results on Wednesday, April 23rd. The company reported $0.15 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.14 by $0.01. During the same quarter in the previous year, the company posted $0.13 earnings per share. Analysts expect that Brookline Bancorp will post $0.56 EPS for the current fiscal year.

Brookline Bancorp, Inc operates as a multi-bank holding company for Brookline Bank (NASDAQ:BRKL) and its subsidiaries; Bank Rhode Island (BankRI) and its subsidiaries; First Ipswich Bank (First Ipswich) and its subsidiaries, and Brookline Securities Corp.