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Bridge Bancorp, Inc. Announces Quarterly Dividend.


Business Editors

BRIDGEHAMPTON, N.Y.--(BUSINESS WIRE)--Sept. 16, 2003

Bridge Bancorp, Inc. (the "Company") (NASDAQ/OTCBB:BDGE), the holding company for The Bridgehampton National Bank, on September 15, 2003 announced the declaration of a quarterly dividend of $0.20 per share. On a quarterly and year to date basis, dividends per share Dividends per share

Dividend paid for the past 12 months divided by the number of common shares outstanding, as reported by a company. The number of shares often is determined by a weighted average of shares outstanding over the reporting term.
 have increased 33.3% and 22.3%, respectively, over last year.

Continuing the Company's trend of uninterrupted dividends, the dividend will be payable on October 21, 2003 to shareholders of record as of September 30, 2003. Shares of Bridge Bancorp, Inc. continue to provide a competitive dividend yield.

Founded in 1910, Bridgehampton National Bank is the oldest independent commercial bank headquartered on the South Fork South Fork may refer to:
  • Towns in the United States:
  • South Fork, Colorado
  • South Fork Township, Minnesota
 of Long Island. The Bank operates retail branches in Bridgehampton, East Hampton East Hampton or its variants is the name of several places in the United States:
  • East Hampton, Connecticut
  • East Hampton (town), New York
  • East Hampton (village), New York
  • East Hampton Hospital Trust, the setting for the British sitcom Green Wing
, Greenport, Hampton Bays, Mattituck, Montauk, Peconic Landing in Greenport, Sag Harbor Sag Harbor  

A village of southeast New York on the eastern end of Long Island on an inlet of Long Island Sound. A major whaling port in the early 19th century, it is today primarily a resort. Population: 2,360.
, Southampton, Southampton Village and Southold.

The Bridgehampton National Bank, which is locally directed and managed, maintains a policy of community involvement through programs and initiatives that enhance the environment and quality of life on eastern Long Island. The Bank is a member of the Federal Deposit Insurance Corporation Federal Deposit Insurance Corporation (FDIC), an independent U.S. federal executive agency designed to promote public confidence in banks and to provide insurance coverage for bank deposits up to $100,000.  and is an Equal Housing Lender The terms Equal Housing Lender and Equal Opportunity Lender are synonymous and refer to all FDIC insured banks in the United States. Such banks are prohibited from discriminating on the basis of race, color, religion, national origin, sex, handicap, or familial status.  and Equal Opportunity Employer equal opportunity employer An employer or enterprise that does not discriminate against a job candidate, or subject him/her to adverse exclusionary criteria, based on race, sex, religion, or national origin. See Equal employment opportunity. .

This release may contain certain forward-looking statements that are based on management's current expectations regarding economic, legislative, and regulatory issues that may impact the Company's earnings in future periods. Factors that could cause future results to vary materially from current management expectations include, but are not limited to, general economic conditions, changes in interest rates, deposit flows real estate values, and competition; changes in accounting principles, policies or guidelines; changes in legislation or regulation; and other economic, competitive, governmental, regulatory and technological factors affecting the Company's operations, pricing, products and services.
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Publication:Business Wire
Geographic Code:1USA
Date:Sep 16, 2003
Words:290
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