SOURCE: Central Bancorp, Inc.

April 19, 2007 15:22 ET

/ CORRECTION - Central Bancorp, Inc. Declares Its Regular Quarterly Cash Dividend

SOMERVILLE, MA -- (MARKET WIRE) -- April 19, 2007 -- In the news release, "Central Bancorp, Inc. Declares Its Regular Quarterly Cash Dividend," issued earlier today by Central Bancorp, Inc. (NASDAQ: CEBK), we are advised by the company that the 1st sentence of the 1st paragraph should read "payable on May 18, 2007, to stockholders of record as of May 4, 2007" rather than "payable on May 4, 2007, to stockholders of record as of May 18, 2007" as originally issued. Complete corrected text follows.

Central Bancorp, Inc. Declares Its Regular Quarterly Cash Dividend

SOMERVILLE, MA -- April 19, 2007 -- Central Bancorp, Inc. (NASDAQ: CEBK) announced today that its Board of Directors declared its regular quarterly cash dividend of eighteen ($0.18) cents per share, payable on May 18, 2007, to stockholders of record as of May 4, 2007.

The dividend represents the Company's 43rd consecutive distribution since implementing its cash dividend policy in October 1996.

Central Bancorp, Inc. is the holding company for Central Bank, whose legal name is Central Co-operative Bank, a Massachusetts-chartered co-operative bank operating nine full-service banking offices, a limited service high school branch in suburban Boston and a stand alone 24-hour automated teller machine in Somerville.

Contact Information

  • Contact:
    Paul S. Feeley
    Senior Vice President, Treasurer &
    Chief Financial Officer
    (617) 628-4000