Princeton Bancorp, Inc. (NASDAQ: BPRN) announced on October 28, 2026, that its Board of Directors has approved a cash dividend of $0.40 per share of common stock. The company stated that this represents a 14.3% increase over the previous quarterly dividend.
The dividend is scheduled to be paid on November 25, 2026, to shareholders of record as of the close of business on November 11, 2026.
Edward Dietzler, President and Chief Executive Officer of Princeton Bancorp, commented on the announcement, stating that the increase is indicative of the Board of Directors' and management's confidence in the company's performance and their commitment to providing a strong return to shareholders.
Princeton Bancorp is the holding company for The Bank of Princeton, a New Jersey state-chartered commercial bank founded in 2007. The Bank operates 29 branches in New Jersey, including locations in Princeton, Burlington, Cherry Hill, and other areas, as well as five branches in the Philadelphia, Pennsylvania area and two in the New York City metropolitan area.