Dividend declared

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 $0.03 per share. The dividend will be payable to all stockholders of record as of Oct. 19, 2016, and is scheduled to be paid on Nov. 2.

“We are pleased to announce the latest dividend payment for the Holding Company” said Borner. “This dividend is one way of providing a return to stockholders who have invested in our community bank. We will continue our brand of community banking for years to come as we have since 1862 in keeping with our tag line; “Together We Make A Difference”. We encourage all residents and businesses in the community to consider keeping their banking business local to eastern Connecticut.”

PB Bancorp, Inc., headquartered in Putnam, is the parent of Putnam Bank, a state-chartered stock savings bank founded in 1862. The Bank offers a wide range of financial services through its eight full-service offices. Putnam Bank also operates a full-service loan center in Putnam.