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Article: The Greater New York Savings Bank announces quarterly dividend of 12 cents per common share.
- Article from:
- PR Newswire
- Article date:
- April 24, 1989
CopyrightCOPYRIGHT 1989 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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THE GREATER NEW YORK SAVINGS BANK ANNOUNCES QUARTERLY
DIVIDEND OF 12 CENTS PER COMMON SHARE
NEW YORK, April 24 /PRNewswire/ -- The Greater New York Savings Bank (OTC: GRTR), announced today that its board of directors voted a dividend of 12 cents per common share. It is the sixth consecutive quarterly dividend since the bank converted from mutual to stock ownership on June 24, 1987. The dividend is payable on the bank's 12,654,000 shares of common stock on June 1, 1989 to stockholders of record at the close of business on May 12, 1989.
Charles J. Ohlig, chairman and chief executive officer of The Greater, stated: "This ...