Monday, November 20, 2000
Company Press Release
SOURCE: Salisbury Bancorp, Inc.
Salisbury Bancorp, Inc. Declares Quarterly Dividend and Special Dividend
Lakeville, Connecticut, November 20, 2000/ PRNewswire/-The Board of Directors of
Salisbury Bancorp, Inc. (AMEX:SAL), the parent company of Salisbury Bank and
Trust Company, declared a $0.13 per share quarterly cash dividend at their
November 20, 2000 meeting. The Board also declared a special cash dividend of
$.25 per share. The total dividend of $.38 per share will be paid on January 30,
2001 to shareholders of record as of December 29, 2000.
The Company declared cash dividends totaling $.70 per share for the year 1999.
Dividends declared for 2000 total $.77 per share which represents an increase of
10.0% when comparing the two years.
Salisbury Bancorp"s sole subsidiary, Salisbury Bank and Trust Company, is a
community bank with assets in excess of $230 million and capital in excess of
$21 million, headquartered in Northwestern Connecticut, which offers full
financial services to the communities it services in Connecticut, Massachusetts
and New York.
