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Hampden Bancorp (NASDAQ:HBNK) Director Thomas Burton sold 3,000 shares of the stock on the open market in a transaction that occurred on Friday, August 15th. The shares were sold at an average price of $16.97, for a total value of $50,910.00. Following the completion of the transaction, the director now directly owns 56,443 shares of the company’s stock, valued at approximately $957,838. The sale was disclosed in a filing with the SEC, which can be accessed through this link.

Shares of Hampden Bancorp (NASDAQ:HBNK) opened at 16.63 on Wednesday. Hampden Bancorp has a one year low of $15.13 and a one year high of $18.42. The stock’s 50-day moving average is $16.78 and its 200-day moving average is $16.26. The company has a market cap of $88.6 million and a P/E ratio of 20.04.

The company also recently announced a quarterly dividend, which is scheduled for Friday, August 29th. Stockholders of record on Friday, August 15th will be paid a dividend of $0.08 per share. This represents a $0.32 annualized dividend and a dividend yield of 1.88%. The ex-dividend date is Wednesday, August 13th. This is a boost from Hampden Bancorp’s previous quarterly dividend of $0.06.

Hampden Bancorp, Inc serves as a bank holding company for Hampden Bank (NASDAQ:HBNK).

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