Danvers Bancorp, parent of Danvers Bank, approved a quarterly cash dividend on its common stock of 2 cents per share.
The dividend will be paid on or after Aug. 27 to shareholders of record as of Aug. 13.
Last week, Danvers Bancorp announced a profit of $4.9 million for the second quarter, compared to a profit of $135,000 for the same time last year.
