Article: Southeast Banking Corporation announces dividends.

SOUTHEAST BANKING CORPORATION ANNOUNCES DIVIDENDS

MIAMI, Sept. 15 /PRNewswire/ -- Southeast Banking Corporation (NYSE: STB) declared a quarterly dividend of 28 cents per share on common stock, payable on October 6, 1989, to shareholders of record September 25, 1989. The dividend for the previous quarter was also 28 cents per share.

The Board of Directors also declared a dividend on the company's Series A non-voting adjustable rate preferred stock. This dividend of $.938 per share is payable on September 29, 1989, to shareholders of record on September 21, 1989.

Southeast Banking Corporation is the parent company of Southeast Bank, N.A. ...

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