Blue Hills Bancorp, Inc. Announces Cash Dividend Declared

NORWOOD, Mass., Nov. 18, 2016 (GLOBE NEWSWIRE) -- On November 16, 2016, the Board of Directors of Blue Hills Bancorp Inc. (NASDAQ:BHBK) declared a regular quarterly cash dividend on the common stock of $0.03 per share, payable on December 14, 2016 to stockholders of record as of November 30, 2016.

Blue Hills Bancorp, Inc., with corporate headquarters in Norwood MA, had assets of $2.3 billion at September 30, 2016 and operates 12 branch offices in Boston, Brookline, Dedham, Hyde Park, Milton, Nantucket, Norwood, West Roxbury, and Westwood, Massachusetts. Blue Hills Bank is a full service, community bank with its main office in Hyde Park, Massachusetts. The Bank's three branches in Nantucket, Massachusetts operate under the name, Nantucket Bank, a division of Blue Hills Bank. The Bank provides consumer and commercial deposit and loan products to Eastern Massachusetts through a growing branch network and eCommerce channels. The Bank offers commercial business and commercial real estate loans in addition to cash management services and commercial deposit accounts. The Bank also serves consumers through a full suite of consumer banking products including checking accounts, mortgage loans, equity lines of credit and traditional savings and certificate of deposit accounts. The Bank has invested substantially in online technology including online account opening and funding, online mortgage applications, online banking, mobile banking, bill pay and mobile deposits. Blue Hills Bank has been serving area residents for over 140 years. For more information about Blue Hills Bank, visit the Blue Hills web site at

Media and Investor Contact: William Parent, 617-360-6520

Source:Blue Hills Bank