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DUNMORE, Pa. - Fidelity D & D Bancorp, Inc. (NASDAQ:FDBC) announced Thursday its board of directors has declared a fourth quarter dividend of $0.43 per share, representing a 7.5% increase from the previous quarterly dividend of $0.40 per share.
The increased dividend will be payable on December 10, 2025, to shareholders of record as of November 14, 2025.
This marks the eleventh consecutive year of dividend growth for the parent company of The Fidelity Deposit and Discount Bank, with the dividend more than doubling over the past decade.
"This achievement reflects our steadfast commitment to creating long-term, sustainable value for our shareholders," said Daniel J. Santaniello, President and Chief Executive Officer, in the press release announcing the dividend.
Fidelity D & D Bancorp operates 21 full-service community banking offices serving Lackawanna, Luzerne and Northampton Counties through The Fidelity Deposit and Discount Bank. The company also maintains a wealth management office in Schuylkill County and offers digital banking services.
The bank provides various financial products and services to customers in Pennsylvania, including digital account opening capabilities through its online banking platform and mobile app.
According to the company’s statement, the dividend increase comes as part of its ongoing strategy of disciplined reinvestment and focus on financial performance.
In other recent news, Fidelity D & D Bancorp announced the retirement of Director Richard Hotchkiss. Hotchkiss joined the company’s Board of Directors in May 2020 after the merger with MNB Corporation. While he will retire from the board, he will continue to serve as Chair of the Lehigh Valley Advisory Board. Previously, Hotchkiss held the position of Chair of the Credit Administration Committee at Fidelity Bank. The company did not provide further details on who might succeed Hotchkiss in his roles. These developments are part of the company’s ongoing adjustments following recent corporate changes.
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