Filing Summary
Business Context and Reporting Period
Northeast Community Bancorp, Inc., the parent company of NorthEast Community Bank, filed a Form 8-K dated October 12, 2021 under Item 8.01, Other Events. The company’s common stock trades on Nasdaq under the symbol NECB.
Key Financial Information
- The Board declared a quarterly cash dividend of $0.06 per common share.
- The dividend is scheduled to be paid on or about November 8, 2021.
- Shareholders of record as of the close of business on October 25, 2021 are eligible for the dividend.
- The filing does not provide revenue, profit, cash flow, margin, debt, liquidity, or other operating metrics.
Material Changes Versus Prior Period
The filing announces the quarterly dividend but does not state whether the dividend amount changed from the prior comparable period or provide other period-over-period financial results.
Guidance, Outlook, Risks, and Unusual Items
No earnings guidance, business outlook, risk update, contingency, or unusual item is disclosed. The dividend declaration remains subject to the stated record and payment dates.
Important Facts to Verify
- Confirm the $0.06 per-share dividend declaration.
- Confirm the October 25, 2021 record date and approximately November 8, 2021 payment date.
- Review the attached October 12, 2021 press release, identified as Exhibit 99.1, for any additional commentary or conditions.