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Article: Bank South declares dividend increase.
- Article from:
- PR Newswire
- Article date:
- April 19, 1990
CopyrightCOPYRIGHT 1990 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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BANK SOUTH DECLARES DIVIDEND INCREASE
ATLANTA, April 19 /PRNewswire/ -- The board of directors of Bank South Corp. (NASDAQ: BKSO) today approved an 8.3 percent increase in the cash dividend paid on the bank's common stock.
As a result, the quarterly dividend received by each shareholder will increase from 12 cents to 13 cents per share.
"Our continued strong performance has once again allowed us to positively address our dividend," said Robert P. Guyton, president and chief executive officer. "This is the eleventh consecutive year that we have been able to increase our cash dividend, and it is a pleasure to reward our shareholders in this ...