SOMERVILLE, MA--(Marketwire - 10/15/09) - Central Bancorp, Inc. (NASDAQ:CEBK - News) (the "Company"), today announced that the Company's Board of Directors has declared a quarterly common stock dividend of five ($0.05) cents per share, payable on or about November 20, 2009 to stockholders of record on November 6, 2009.

Central Bancorp, Inc. is the holding company for Central Bank, whose legal name is Central Co-operative Bank, a Massachusetts-chartered co-operative bank operating nine full-service banking offices, a limited service high school branch in suburban Boston and a standalone 24-hour automated teller machine in Somerville.

 
Contact:
Paul S. Feeley
Senior Vice President, Treasurer and
Chief Financial Officer
(617) 628-4000