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Article: Hudson Valley Holding Corp. Announces Cash Dividend.
- Article from:
- PR Newswire
- Article date:
- November 3, 2009
CopyrightCOPYRIGHT 2009 PR Newswire Association LLC. 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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YONKERS, N.Y., Nov. 3 /PRNewswire-FirstCall/ -- William E. Griffin, Chairman of the Board of Hudson Valley Holding Corp., announced that the Board of Directors has declared a cash dividend of $0.23 per share payable to all shareholders of record as of the close of business November 13, 2009. The dividend will be distributed to shareholders on or about November 27, 2009.
Griffin stated, "While the dividend has been reduced on a per share basis, as a result of the shares issued in our underwritten common stock offering completed October 30, 2009, the total amount of the cash dividend distributed to shareholders has remained constant. We were pleased with our ...