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Berkshire Hills Bancorp Slashes Dividend

TheMotleyFool

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Berkshire Hills Bancorp Slashes Dividend

The $13 billion asset Berkshire Hills Bancorp (NYSE: BHLB) based in Boston has trimmed both its preferred and common dividends by 50%.

The new quarterly cash dividend will be $0.12 per common share and $0.24 per preferred share, according to a filing with the Securities and Exchange Commission.

Source Fool.com

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