0000943374-18-000011.txt : 20180117 0000943374-18-000011.hdr.sgml : 20180117 20180117165945 ACCESSION NUMBER: 0000943374-18-000011 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20180117 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20180117 DATE AS OF CHANGE: 20180117 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Melrose Bancorp, Inc. CENTRAL INDEX KEY: 0001600890 STANDARD INDUSTRIAL CLASSIFICATION: STATE COMMERCIAL BANKS [6022] IRS NUMBER: 000000000 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-36702 FILM NUMBER: 18532075 BUSINESS ADDRESS: STREET 1: 638 MAIN STREET CITY: MELROSE STATE: MA ZIP: 02176 BUSINESS PHONE: (781) 665-2500 MAIL ADDRESS: STREET 1: 638 MAIN STREET CITY: MELROSE STATE: MA ZIP: 02176 8-K 1 form8k_melrose-011718.htm
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(D) OF
THE SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported): January 17, 2018

MELROSE BANCORP, INC.
(Exact Name of Registrant as Specified in Charter)

Maryland
  
001-36702
  
47-0967316
(State or Other Jurisdiction
  
(Commission File No.)
  
(I.R.S. Employer
of Incorporation)
  
Identification No.)
 
638 Main Street, Melrose, Massachusetts
  
02176
(Address of Principal Executive Offices)
  
(Zip Code)

Registrant's telephone number, including area code: (781) 665-2500

Not Applicable
(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

[  ]
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
   
[  ]
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
   
[  ]
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
   
[  ]
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).   Emerging growth company T
 
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 
Item 8.01.
Other Events

On January 17, 2018, the Board of Directors of Melrose Bancorp, Inc. (the "Company") declared a special cash dividend on the Company's common stock of $0.34 per share. The dividend will be payable to stockholders of record as of January 29, 2018 and is expected to be paid on or about February 14, 2018.

A copy of the press release dated January 17, 2018 giving details associated with the dividend is attached as Exhibit 99.1 to this report.

Item 9.01.             Financial Statements and Exhibits.

(a)
Financial Statements of Businesses Acquired.
Not applicable.
(b)
Pro Forma Financial Information.
Not applicable.
(c)
Shell Company Transactions.
Not applicable.
(d)
Exhibits:
 
  
 
Exhibit No.
Description
 
Press Release, dated January 17, 2018
 



SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized.

 
MELROSE BANCORP, INC.
   
   
   
DATE: January 17, 2018
By:  
/s/ Jeffrey D. Jones
 
Jeffrey D. Jones
 
President and Chief Executive Officer

EX-99.1 2 press_release-011718.htm
Exhibit 99.1

Press Release
FOR IMMEDIATE RELEASE
Contact:  Jeffrey Jones
Telephone: (781) 665-2500

MELROSE BANCORP, INC.
ANNOUNCES SPECIAL CASH DIVIDEND

January 17, 2018, Melrose Bancorp, Inc. (Nasdaq: MELR) (the "Company") today announced that its board of directors declared a special cash dividend of $0.34 per common share.  The dividend will be paid on or about February 14, 2018, to stockholders of record as of the close of business on January 29, 2018.  This is the first cash dividend for the Company since the completion of its initial public offering in October 2014.

"We are pleased to begin paying a cash dividend to our shareholders," said Jeff Jones, President and Chief Executive Officer of the Company.  "We believe that the payment of dividends represents our long-term commitment to enhancing shareholder value and we anticipate continuing to pay an annual dividend, subject to our future financial condition and results of operations, and future market, regulatory and general economic conditions."


Forward-Looking Statements

Certain statements herein constitute "forward-looking statements" and actual results may differ from those contemplated by these statements. Forward-looking statements can be identified by the fact that they do not relate strictly to historical or current facts. They often include words like "believe," "expect," "anticipate," "estimate," and "intend" or future or conditional verb such as "will," "would," "should," "could" or may." Certain factors that could cause actual results to differ materially from expected results include changes in the interest rate environment, changes in general economic conditions, legislative and regulatory changes that adversely affect the businesses in which Melrose Bancorp, Inc. is engaged and changes in the securities market. The Company disclaims any intent or obligation to update any forward-looking statements, whether in response to new information, future events or otherwise.