FOR IMMEDIATE RELEASE
DELHI BANK CORP.
ANNOUNCES 1.98% INCREASE IN QUARTERLY CASH DIVIDEND
DELHI, N.Y., March 18, 2020 – Delhi Bank Corp. (OTC Markets Group: DWNX),
The Delhi Bank Corp. Board of Directors declared a first quarter 2020 cash dividend of $0.1860 per share at a meeting held on March 18, 2020. This quarterly cash dividend represents a 1.98% increase over the $0.1824 per share declared for the quarter ending December 2019. The dividend will be paid on or about April 15, 2020 to shareholders of record as of the close of business on March 31, 2020.
Delhi Bank Corp. is a New York Chartered bank holding company headquartered in Delhi, New York. As of December 31, 2019, Delhi Bank Corp. had assets of $296.4 million and Stockholders’ equity of $31.2 million.
CONTACT: Delhi Bank Corp.
Peter Gioffe, President/CEO