VSB Bancorp, Inc. Announces our Forty-Ninth Consecutive Cash Dividend and a 15% Increase in the Quarterly Cash Dividend

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Dec 11, 2019
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STATEN ISLAND, NY / ACCESSWIRE / December 11, 2019 / VSB Bancorp, Inc. (OTCQX:VSBN, Financial), the holding company for Victory State Bank, announced today that its Board of Directors has declared a quarterly cash dividend of $0.15 per share, payable on January 2, 2020, an increase of 15%, to stockholders of record on December 20, 2019. Joseph J. LiBassi, Chairman of the Board of Directors, stated, "We are pleased to announce our forty-ninth consecutive cash dividend. We increased the quarterly cash dividend by two cents per share based upon our continued strong earnings."