BSB Bancorp Inc. Increases Quarterly Cash Dividend.BINGHAMTON Binghamton (bĭng`əmtən), industrial city (1990 pop. 53,008), seat of Broome co., S central N.Y., at the confluence of the Chenango and the Susquehanna rivers; settled 1787, inc. as a city 1867. , N.Y.--(BUSINESS WIRE)--Oct. 26, 1998--The Board of Directors of BSB BSB Backstreet Boys BSB Bayerische Staatsbibliothek BSB British Superbikes (motorcycle racing series) BSB Bachelor of Science in Business BSB Bandar Seri Begawan (capital of Brunei) Bancorp Inc. (Nasdaq:BSBN BSBN Baltic Sea Business Network BSBN Bu Sa Bum Nim ), holding company for BSB Bank & Trust Co., has announced a 13.6% increase in the quarterly cash dividend. The new quarterly dividend is $0.25 per share and is payable Dec. 10, 1998 to shareholders of record at the close of business on Nov. 24, 1998. Alex S. DePersis, president and chief executive officer said, "This increase in the quarterly cash dividend reflects the Board of Directors' confidence in BSB Bancorp's continued favorable fa·vor·a·ble adj. 1. Advantageous; helpful: favorable winds. 2. Encouraging; propitious: a favorable diagnosis. 3. financial performance." |
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