American Bank Announces a Cash Dividend.Business Editors ROCKVILLE Rockville, city (1990 pop. 44,835), seat of Montgomery co., W central Md., a NW suburb of Washington, D.C.; settled c.1760s, inc. as a city 1860. It has several scientific research and technology laboratories that focus on the aerospace, electronics, nuclear energy, and communications industries. The Food and Drug Administration is there, as is a campus of Montgomery College. F. Scott Fitzgerald and his wife, Zelda, are buried in a local cemetery., Md.--(BUSINESS WIRE)--May 1, 2002 American Bank (OTCBB:BKMD.OB) Rockville, Maryland, President and CEO, Phillip C. Bowman, announced that The Board of Directors has declared a Four cents ($0.04) cash dividend per share of common stock to shareholders of record as of May 17, 2002. The dividend is payable on May 31, 2002. The Board of Directors feels given the strength of our capital and the strong first quarter earnings, excluding the proxy costs it is appropriate to continue to reward the shareholders with a quarterly cash dividend. This press release contains forward looking statements regarding the Bank's anticipated future results of operations, which are subject to risks and uncertainties. Actual future results may differ materially from current expectations as a result of changes in general economic conditions, including interest rates, competition, loan demand and other factors. |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion