Sandy Spring Bancorp Declares Cash Dividend of $0.22 Per Share

Company Release - 07/30/2015 07:45

OLNEY, Md., July 30, 2015 (GLOBE NEWSWIRE) -- Sandy Spring Bancorp, Inc., (Nasdaq:SASR), the parent company of Sandy Spring Bank, announced that the board of directors declared a quarterly common stock dividend of $0.22 per share payable on August 19, 2015 to shareholders of record on August 12, 2015. This is consistent with the dividend paid in the second quarter of 2015 and $0.02 more than the third quarter of 2014.

About Sandy Spring Bancorp, Inc./Sandy Spring Bank

With $4.5 billion in assets, Sandy Spring Bancorp, Inc. is the holding company for Sandy Spring Bank and its principal subsidiaries, Sandy Spring Insurance Corporation and West Financial Services, Inc. Sandy Spring Bank traces its origin to 1868, making it among the oldest banking institutions in the region. Sandy Spring is a community banking organization that focuses its lending and other services on businesses and consumers in the local market area. Independent and community-oriented, Sandy Spring offers a broad range of commercial banking, retail banking and trust services through 44 community offices in Anne Arundel, Carroll, Frederick, Howard, Montgomery, and Prince George's counties in Maryland, and Arlington, Fairfax and Loudoun counties in Virginia. Through its subsidiaries, Sandy Spring Bank also offers a comprehensive menu of insurance and investment management services. Visit www.sandyspringbank.com for more information about Sandy Spring Bank.

CONTACT: For additional information or questions, please contact:
Daniel J. Schrider, President & Chief Executive Officer, or Philip J. Mantua, Executive V.P. & Chief Financial Officer
Sandy Spring Bancorp
17801 Georgia Avenue
Olney, Maryland 20832
1.800.399.5919
E-mail: DSchrider@sandyspringbank.com or PMantua@sandyspringbank.com
Web site: www.sandyspringbank.com

Source: Sandy Spring Bancorp, Inc.