Paramus-based Hudson City Bancorp Inc., the holding company for Hudson City Savings Bank, announced Tuesday net income of $42.5 million for the quarter that ended on March 31, 2014, compared to last year’s income of $47.9 million for the same quarter.
According to the announcement, diluted earnings per share were $0.09 for the quarter as compared to $0.10 for the same period last year.
The company also said its board of directors declared a quarterly cash dividend of $0.04 per share payable on May 30, 2014 to shareholders of record as of May 13, 2014.
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