ALFA CORPORATION ANNOUNCES INCREASE IN QUARTERLY CASH DIVIDEND.MONTGOMERY Montgomery, city, United States Montgomery, city (1990 pop. 187,106), state capital and seat of Montgomery co., E central Ala., near the head of navigation on the Alabama River just below the confluence of the Coosa and Tallapoosa rivers, and in the rich , Ala ALA aminolevulinic acid. Ala alanine. ala (a´lah) pl. a´lae [L.] a winglike process. .--(BUSINESS WIRE)--April 27, 1995--Alfa Corporation today announced that its Board of Directors declared a quarterly cash dividend of 9.5 cents per share Cents per share The amount of a mutual fund's dividend or capital gains distributions that a shareholder will receive for each share owned. , an increase of 5.6% over the previous quarterly rate. This represents the twenty-first consecutive year that cash dividends have increased. The quarterly cash dividend is payable June 1, 1995, to stockholders of record at the close of business on May 15, 1995. Alfa Corporation is engaged in insurance and financial activities through its subsidiaries. The common stock of Alfa Corporation is traded on the NASDAQ Stock Market Nasdaq stock market The first electronic stock market listing over 5000 companies. The Nasdaq stock market comprises two separate markets, namely the Nasdaq National Market, which trades large, active securities and the Nasdaq Smallcap Market that trades emerging growth companies. (National Market System) under the symbol ALFA. CONTACT: Alfa Corporation, Montgomery Donald Price, 334/288-3900 |
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