The Hingham-based bank said in a statement last week that the special dividend of $0.63 per share would be paid in addition to its regular quarterly dividend in early January.
Berkshire Bank’s parent company has increased its quarterly dividend for the first time since cutting it in half more than two years ago.
Berkshire Bank will pay a quarterly dividend in the fourth quarter, keeping the same reduced amount it had paid last quarter.
With quarterly earnings up 8 percent compared to a year ago, Century Bank has increased its shareholder dividend for the second time this year, after more than 15 years without an increase.
After writing off goodwill impairment and taking a $549 million loss in the second quarter, Berkshire Bank will pay a dividend this quarter, but the amount will be cut in half.
HarborOne Bancorp will pay its first shareholder dividend in July, a year after going fully public.
