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Berkshire Bank’s parent company pays dividend for third quarter

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Berkshire Hills Bancorp, Inc. (NYSE: BHLB) — parent company of Berkshire Bank, which has a significant presence in the Mohawk Valley area — recently announced that its board of directors has approved and paid a quarterly cash dividend of 18 cents a common share. The dividend was payable on Aug. 31, to shareholders of record […]

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The dividend was payable on Aug. 31, to shareholders of record as of the close of business on Aug. 17.

At Berkshire Hills Bancorp’s current stock price, the payment yields about 3.4 percent on an annual basis.

Boston–based Berkshire has about $12.1 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 (2), Whitesboro, New Hartford (2), North Utica, Ilion, and West Winfield.

Jornal Staff