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Article: WGNB Corp. Announces a Cash Dividend and Offering Extension to January 15, 2009 on Its 9% Series A Convertible Preferred Stock and an Amendment to Its Dividend Reinvestment and Direct Stock Purchase Plan.
- Article from:
- Business Wire
- Article date:
- October 31, 2008
CopyrightCOPYRIGHT 2008 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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CARROLLTON, Ga. -- WGNB Corp. announced the declaration by its Board of Directors of cash dividends on the Company's 9% Series A Convertible Preferred Stock for shareholders of record as of November 30, 2008, which is payable on December 15, 2008.
Dividend on 9% Series A Convertible Preferred Stock
This dividend is declared as provided by the terms and conditions of the Series A Preferred, which are described in a Prospectus dated July 31, 2008. Holders of the Series A Preferred are entitled to non-cumulative dividends, payable quarterly on each March 15, June 15, September 15 and December 15, commencing December 15, 2008, if and when declared by the ...