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Berkshire Bank’s parent company to pay Q4 dividend of 18 cents on Nov. 30

By Journal Staff (news@cnybj.com)

Date:

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Berkshire Hills Bancorp, Inc. (NYSE: BHLB) — parent company of Berkshire Bank, which has a large presence in the Mohawk Valley region — recently announced that its board of directors has approved a quarterly cash dividend of 18 cents per common share.

The dividend is payable on Nov. 30, to shareholders of record as of the close of business on Nov. 16.

At Berkshire Hills Bancorp’s current stock price, the payment yields about 3.5 percent on an annual basis. 

Boston–based Berkshire has about $12.1 billion in total assets and a footprint of 96 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.

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