ROCKVILLE, Conn., April 17, 2013 (GLOBE NEWSWIRE) -- Rockville Financial, Inc. ("Rockville Financial" or the "Company") (Nasdaq:RCKB), the holding company for Rockville Bank (the "Bank"), today announced that its Board of Directors voted to pay a quarterly cash dividend of $0.10 per share on May 6, 2013 to all shareholders of record as of April 29, 2013.
"I am pleased to announce that Rockville Financial, Inc. will be paying its 28th consecutive quarterly cash dividend to shareholders, demonstrating this Company is dedicated to providing shareholders with a solid return on their investment," said William H.W. Crawford IV, President and Chief Executive Officer of Rockville Financial, Inc. and Rockville Bank.
This will be the Company's twenty-eighth consecutive quarterly cash dividend since becoming a public company in 2005. Rockville Financial, Inc. has paid a $0.10 per share cash dividend for the past three quarters (starting in the third quarter of 2012), which equates to a 3.10% annualized yield based on the average closing price in the quarter. The Company also paid a $0.16 per share special cash dividend in December 2012.
About Rockville Financial, Inc.
Rockville Financial, Inc. is the parent of Rockville Bank, which is a 22-branch community bank serving Tolland, Hartford and New London counties in Connecticut. Rockville Bank established a New Haven County Commercial Banking Office in Hamden, Conn., and recently opened a full-service Banking Center in West Hartford, Conn. For more information about Rockville Bank's services and products, call (860) 291-3600 or visit www.rockvillebank.com. For more information about Rockville Financial, Inc., visit www.rockvillefinancialinc.com.
Forward Looking Statements
This press release may contain certain forward-looking statements about the Company. Forward-looking statements include statements regarding anticipated future events and can be identified by the fact that they do not relate strictly to historical or current facts. They often include words such as "believe," "expect," "anticipate," "estimate," and "intend" or future or conditional verbs such as "will," "would," "should," "could," or "may." Forward-looking statements, by nature, are subject to risks and uncertainties. Certain factors that could cause actual results to differ materially from expected results include increased competitive pressures, changes in the interest rate environment, general economic conditions or conditions within securities markets, and legislative and regulatory changes that could adversely affect the business in which the Company and its subsidiaries are engaged.
CONTACT: Investor Relations Contact: Marliese L. Shaw Senior Vice President, Investor Relations Officer 860-291-3622 email@example.com Media Relations Contact: Adam J. Jeamel Vice President, Corporate Communications 860-291-3765 firstname.lastname@example.org
Source:Rockville Financial, Inc.