ELMER, N.J.--(BUSINESS WIRE)--ELMER BANCORP, INC. (OTC Pink: ELMA) parent holding company of The First National Bank of Elmer, Elmer, New Jersey, announced that the Board of Directors has declared a semi-annual cash dividend in the amount of $.30 per share. The dividend is payable on November 1, 2016 to stockholders of record of the Company on October 14, 2016.
Elmer Bancorp, Inc. is proud to share its success with its stockholders with a current dividend yield of approximately 3.64% based on recent trades. Elmer Bancorp, Inc. has consistently paid dividends since 2001, with prior dividends paid by The First National Bank of Elmer, whose history dates back to 1903.
In a time of numerous bank mergers and acquisitions, The First National Bank of Elmer continues its rich history as an Independent Community Bank, headquartered in Elmer, New Jersey conducting business through six offices serving Southern New Jersey. Deposits at the Bank are insured up to the legal maximum amount by the Federal Deposit Insurance Corporation (FDIC).