SOURCE: Smithtown Bancorp

February 27, 2007 15:22 ET

Smithtown Bancorp Declares Stock Dividend and Cash Dividend

SMITHTOWN, NY -- (MARKET WIRE) -- February 27, 2007 --The board of directors of Smithtown Bancorp (NASDAQ: SMTB) has declared a 10% stock dividend payable on April 2, 2007, to shareholders of record as of March 16, 2007. This will be the company's sixth stock split or dividend during the past nine years.

The board also approved a cash dividend of $.04 per share payable to all common shareholders of record as of March 16, 2007. The cash dividend will also be paid on April 2, 2007.

Contact Information

  • Contact:
    Ms. Judith Barber
    Corporate Secretary

    Corporate Headquarters
    100 Motor Parkway, Suite 160
    Hauppauge, NY 11788-5138
    Direct Dial: 631-360-9304
    Direct Fax: 631-360-9380