November 23, 2009 (FinancialWire) — Center Bancorp, Inc.’s (NASDAQ: CNBC) board has declared a quarterly cash dividend of $.03 per share. This dividend declared is for the quarter ending December 31, 2009. The dividend will be distributed on February 1, 2010, to shareholders of record on January 14, 2010.

New Jersey-based Center Bancorp is a financial services holding company and operates Union Center National Bank, its main subsidiary.

Union Center National Bank operates 13 banking locations in Union and Morris counties in New Jersey. The parent corporation has also expanded to northern and central New Jersey. At September 30, the corporation posted total assets of $1.3 billion.

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