Articles > Popular publications > PR Newswire press releases > April-June 1996 > Wednesday, May 29

Article: MAYFLOWER COOPERATIVE ANNOUNCES FOURTH QUARTER EARNINGS AND DECLARATION OF DIVIDEND

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PR Newswire
Article date:
May 29, 1996
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MIDDLEBORO, Mass., May 29 /PRNewswire/ -- Mayflower Cooperative Bank (Nasdaq: MFLR) today announced net earnings for the fourth quarter ended April 30, 1996 of $234,000 or $0.27 per share compared to $155,000 or $0.18 per share for the comparable quarter last year. Net income for the year ended April 30, 1996 was $912,000 or $1.04 per share compared to $501,000 or $0.58 per share for the comparable period one year ago.

Edward M. Pratt, President and Chief Executive Officer also announced that the Board of Directors has declared a quarterly cash dividend of $0.10 per share, payable on June 14, 1996 to stockholders of record on June 7, 1996.

"We are pleased to ... 







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