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Berkshire Bank’s holding company to pay dividend of 18 cents a share on June 1

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Berkshire Hills Bancorp, Inc. (NYSE: BHLB) — parent company of Berkshire Bank, which has a major presence in the Mohawk Valley region — recently announced that its board of directors has approved a quarterly cash dividend of 18 cents per common share. The dividend will be payable on June 1, to shareholders of record as […]

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The dividend will be payable on June 1, to shareholders of record as of the close of business on May 18.

At Berkshire Hills Bancorp’s current stock price, the payment yields about 3.6 percent on an annual basis.

Boston–based Berkshire has about $12.3 billion in total assets and a footprint of 100 financial centers in Massachusetts, New York, Vermont, Connecticut, and Rhode Island. Locally, Berkshire has branches in DeWitt, Rome, Whitesboro, New Hartford, North Utica, Ilion, and West Winfield.

Jornal Staff