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. . -- Alfa Al´fa n. 1. A plant (Macrochloa tenacissima) of North Africa; also, its fiber, used in paper making. Corporation (Nasdaq/NM:ALFA) today announced that its Board of Directors has voted to increase the regular quarterly cash dividend to $0.10 per share, an increase of 14.3 percent over the previous quarterly rate. This represents the thirty-first consecutive year in which cash dividends have increased. The quarterly cash dividend is payable June 1, 2005, to stockholders of record at the close of business on May 13, 2005. 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. |
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