Anchor Financial Corporation announces increase in quarterly cash dividend.MYRTLE BEACH, S.C.--(BUSINESS WIRE)--Jan. 9, 1995--Anchor Financial Corporation today announced that the quarterly cash dividend would be increased 12.5% to $0.18 per share from $0.16 per share, payable on Jan. 31, 1995, to shareholders of record on Jan. 20, 1995. This is the first quarterly cash dividend paid in 1995, and the second increase in as many years. In making the announcement, Stephen L. Chryst, president and chief executive officer, said, "The increase in the dividend reflects the Corporation's record earnings and high level of performance in 1994. During 1994, the Corporation assimilated mergers with Topsail State Bank and 1st Atlantic Bank which had been completed at year-end 1993, added key staff to strengthen management depth, and opened a new branch in the Crescent Beach Crescent Beach is the name of 6 places:
An announcement on the record earnings is expected to be made next week. Anchor Financial Corporation, with assets of $350 million, is the parent of The Anchor Bank and The Anchor Bank of North Carolina North Carolina, state in the SE United States. It is bordered by the Atlantic Ocean (E), South Carolina and Georgia (S), Tennessee (W), and Virginia (N). Facts and Figures Area, 52,586 sq mi (136,198 sq km). Pop. . The South Carolina South Carolina, state of the SE United States. It is bordered by North Carolina (N), the Atlantic Ocean (SE), and Georgia (SW). Facts and Figures Area, 31,055 sq mi (80,432 sq km). Pop. (2000) 4,012,012, a 15. bank operates branches in Myrtle Beach, Little River, North Myrtle Beach, Surfside Beach Surfside Beach may refer to:
An island off the southern coast of South Carolina in the Sea Islands of the Atlantic Ocean. It is a popular tourist resort. The town of Hilton Head Island, on the northeast coast, has a population of 35,200. . The North Carolina bank operates branches in Wilmington, Hampstead, and Jacksonville. Both banks offer a full line of financial products and services. CONTACT: Anchor Financial Corporation, Myrtle Beach Barbara W. Marshall, 803/946-3107 KEYWORDS: SOUTH CAROLINA INDUSTRY KEYWORD: BANKING REPEATS: New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of 212-575-8822 or 800-221-2462; Boston 617-330-5311 or 80 |
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