PUTNAM — – Thomas A. Borner, president and CEO of PB Bancorp, Inc.,  announced that the Company’s Board of Directors has declared a quarterly cash dividend on the Company’s common stock of $.025 per share. The dividend will be payable to all stockholders of record as of Feb. 3, 2016, and is scheduled to be paid on Feb. 16.
“We are pleased to announce the payment of this initial dividend for the newly organized Holding Company” said . Borner. “These are exciting times for Putnam Bank, especially in the wake of the successful completion of the second-step conversion and stock offering.  The payment of dividends is one way of providing a return to stockholders who have invested in our community bank.  We expect to continue our brand of community banking for years to come in keeping with our tag line; “Together We Make A Difference”, as we have for the last 154 years of service to all of eastern Connecticut”. 
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