Oct 31 - The board of directors of Sandy Spring Bancorp Inc., (Nasdaq: SASR), the parent company of Sandy Spring Bank in Olney, Md., has declared a quarterly common stock dividend of 18 cents per share payable Nov. 20, 2013, to shareholders of record on Nov. 13, 2013. This dividend represents an increase of 2 cents over the dividend paid in the third quarter of 2013 and 4 cents compared to the dividend paid in the fourth quarter of 2012.
About Sandy Spring Bancorp, Inc./Sandy Spring Bank
With $4.1 billion in assets, Sandy Spring Bancorp Inc. is the holding company for Sandy Spring Bank and its principal subsidiaries, Sandy Spring Insurance Corporation and West Financial Services Inc. Sandy Spring Bancorp is the largest publicly traded banking company headquartered and operating in Maryland. Sandy Spring is a community banking organization that focuses its lending and other services on businesses and consumers in the local market area. Independent and community-oriented, Sandy Spring Bank was founded in 1868 and offers a broad range of commercial banking, retail banking and trust services through 49 community offices in Anne Arundel, Carroll, Frederick, Howard, Montgomery, and Prince George's counties in Maryland, and Arlington, Fairfax and Loudoun counties in Virginia. Through its subsidiaries, Sandy Spring Bank also offers a comprehensive menu of insurance and investment management services. Visit www.sandyspringbank.com for more information about Sandy Spring Bank.