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Article: Regular quarterly dividend on convertible exchangeable preferred stock by American Savings Bank, FSB - New York.
- Article from:
- PR Newswire
- Article date:
- December 17, 1987
CopyrightCOPYRIGHT 1987 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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REGULAR QUARTERLY DIVIDEND ON CONVERTIBLE EXCHANGEABLE PREFERRED STOCK BY AMERICAN SAVINGS BANK, FSB - NEW YORK
NEW YORK, Dec. 17 /PRNewswire/ -- American Savings Bank, FSB (NASDAQ: ABNY) of New York announced that its board of directors at yesterday's meeting declared a regular quarterly dividend of $.453125 per share on its $1.8125 cumulative convertible exchangeable preferred stock, Series A. The dividend is payable Feb. 1, 1988, to holders of record of the preferred shares at Jan. 15, 1988. Dividends on the preferred shares are payable quarterly, when and as declared, on Feb. 1, May 1, Aug. 1, and Nov. 1.
American Savings has 2,875,000 ...