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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date
of Report (Date of earliest event reported) April 21, 1998
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RICHMOND COUNTY FINANCIAL CORP.
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(Exact name of registrant as specified in its charter)
Delaware 0-23271 06-1498455
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(State or other Jurisdiction of (Commission (IRS Employer
incorporation or organization) File Number) Identification No.)
1214 Castleton Avenue, Staten Island, New York 10310
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(Address of principal executive offices)
(718) 448-2800
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(Issuer's telephone number, including area code)
Not Applicable
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(Former name or former address, if changed since last report.)
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ITEM 5. OTHER EVENTS.
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On April 15, 1998, Richmond County Financial Corp. (the "Company"),
announced that its Board of Directors declared its first quarterly cash dividend
of $0.05 per common share. The dividend will be payable on May 15, 1998 to
stockholders of record on May 1, 1998.
A press release announcing the dividend is attached as Exhibit 99.1.
Exhibit 99.1 Press Release dated April 15, 1998.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
Dated: April 21, 1998 By: /s/ Michael F. Manzulli
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Michael F. Manzulli
President and Chief Executive Officer
Dated: April 21, 1998 By: /s/ Thomas R. Cangemi
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Thomas R. Cangemi
Senior Vice President and
Chief Financial Officer
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EXHIBIT 99.1 PRESS RELEASE
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RICHMOND COUNTY FINANCIAL CORP.
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1214 CASTLETON AVENUE - STATEN ISLAND, NEW YORK 10310-1702
(718) 448-2800 EXECUTIVE OFFICE - (718) 815-7048 FINANCE DEPARTMENT
PRESS RELEASE
FOR IMMEDIATE RELEASE
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CONTACTS:
ANTHONY E. BURKE THOMAS R. CANGEMI
President and COO Senior Vice President and CFO
Tel: (718) 448-2800 Tel: (718) 815-7048; Fax: (718) 815-7371
RICHMOND COUNTY FINANCIAL CORP. ANNOUNCES
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INITIAL CASH DIVIDEND DECLARATION
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Staten Island, N.Y. - April 15, 1998, Richmond County Financial Corp.
(NASDAQ/NMS:RCBK), today announced that its Board of Directors has declared its
first quarterly cash dividend of $0.05 per common share. The dividend will be
payable on May 15, 1998 to stockholders of record on May 1, 1998.
Mr. Michael F. Manzulli, Chairman and Chief Executive Officer of the Company,
commented, "The quarterly cash dividend reflects the Company's strong financial
position and is consistent with the Company's corporate objective of enhancing
long-term shareholder value."
Richmond County Financial Corp. is the holding company for Richmond County
Savings Bank, a state chartered savings bank, organized in 1886 which operates
12 full service banking offices on Staten Island, one full service banking
office in Brooklyn and a multi-family loan processing center in Jericho, Long
Island.
Statements contained in this news release, which are not historical facts, are
forward-looking statements, as the term is defined in the Private Securities
Litigation Reform Act of 1995. Such forward-looking statements are subject to
risks and uncertainties which could cause actual results to differ materially
from those currently anticipated due to a number of factors, which include, but
are not limited to, factors discussed in documents filed by the Company with the
Securities and Exchange Commission from time to time.
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