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BCB Bancorp announces dividend

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    Bayonne City-based BCB Bancorp announced today its board has unanimously approved a cash dividend of $150 for each share of its Series A 6 percent noncumulative perpetual preferred stock, to be paid to preferred stock shareholders of record on Oct. 2.

    According to the announcement, the dividend represents a 6 percent yield based on the preferred stock's face value of $10,000. BCB Community Bank operates 11 full-service offices in Bayonne City, Hoboken, Jersey City, Monroe Township, South Orange and Woodbridge.

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