updated 4/26/2011 10:47:23 AM ET 2011-04-26T14:47:23

NAUGATUCK, Conn., April 26, 2011 (GLOBE NEWSWIRE) -- The Board of Directors of Naugatuck Valley Financial Corporation (Nasdaq:NVSL) yesterday declared a cash dividend for the quarter ended March 31, 2011, of $0.03 per share to stockholders of record on May 16, 2011. Payment of the cash dividend will be made on or about June 1, 2011.

Naugatuck Valley Mutual Holding Company, the Company's mutual holding company parent, has waived receipt of the dividend.

Naugatuck Valley Financial Corporation is the holding company for Naugatuck Valley Savings and Loan and is headquartered in Naugatuck, Connecticut. Naugatuck Valley Savings and Loan operates ten offices in Naugatuck, Beacon Falls, Shelton, Derby, Seymour, Waterbury, Southbury and Cheshire, Connecticut.

The Naugatuck Valley Financial Corporation logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=3632

CONTACT:  John C. Roman
          President and Chief Executive Officer
          Naugatuck Valley Financial Corporation
          (203) 720-5000

© Copyright 2012, GlobeNewswire, Inc. All Rights Reserved

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