Suffolk Bancorp, parent company of Suffolk County National Bank, today announced that its board of directors today declared a quarterly cash dividend of 10 cents per share on its common stock. The dividend will be payable on May 25, 2016 to shareholders of record as of May 11, 2016.
Suffolk Bancorp reported net income of $17.7 million in 2015, an increase of more than 30 percent over its net income in 2014. It declared a quarterly cash dividend of 10 cents per share of common stock in January.
Organized in 1890, Suffolk County National Bank has 27 branch offices in Nassau, Suffolk and Queens counties, New York.
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