ROCKVILLE, Conn., May 12, 2011 (GLOBE NEWSWIRE) -- Rockville Financial, Inc. (Nasdaq:RCKB), the parent of Rockville Bank, announced its twentieth consecutive dividend since becoming a public company in Spring 2005. The dividend, in the amount of $0.065 per share, will be payable on May 31, 2011 to shareholders of record as of the close of business on May 23, 2011. For the shareholders who owned their common stock prior to the March 3, 2011 conversion from a mutual holding company structure to a stock holding company structure, this represents a 50% increase in the dividend.
"We are pleased to announce our twentieth consecutive cash dividend to shareholders," stated William H. W. Crawford, IV, President & Chief Executive Officer of Rockville Bank. "We continue to be 'well capitalized' and to enjoy solid growth and strong core operating earnings."
"We remain committed to providing superior customer service, financial discipline, and serving our communities," added Rockville Bank President and Chief Executive Officer, William H. W. Crawford, IV.
Rockville Bank is a 21½-branch community bank serving Tolland, Hartford and New London counties in Connecticut. It provides a convenient banking lifestyle for Colchester, Coventry, East Windsor, Ellington, Enfield, Glastonbury, Manchester, Rockville, Somers, South Glastonbury, South Windsor, Suffield, Vernon, seven days a week in Tolland, and three Big Y supermarket locations. For more information about Rockville Bank's services and products, call (860) 291-3600 or visit .
The Rockville Bank logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=8558
CONTACT: Laura Soll, Public Relations (860) 688-4499 or (860) 833-4466 cell