The board of directors of Pittsfield-based Legacy Bancorp, the holding company for Legacy Banks, has declared a cash dividend of $.05 per common share.

The dividend will be paid Jan. 2 to stockholders of record on Dec. 20.

"…We intend to continue to pay a quarterly dividend, subject to the board’s review of earnings, financial condition, capital and other regulatory and financial considerations," said Chairman and Chief Executive Officer J. Williar Dunlaevy.