ArgentBank Increases Dividend.THIBODAUX, La.--(BUSINESS WIRE)--Feb. 14, 1996--The 137th consecutive dividend has been approved for ArgentBank shareholders. Dr. James R. Peltier, Chairman, announced the action, approved by the Bank's board of directors at the meeting held Feb. 13, 1996. The dividend of $.13 per share is payable on March 15, 1996 to shareholders of record on Feb. 29, 1996. The $.13 per share dividend represents an 18% increase over the dividend paid in the same period of 1995. Headquartered in Thibodaux, since 1910, ArgentBank 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. under the trading symbol Trading symbol See: Ticker symbol ARGT ARGT annual ryegrass toxicity. . The $560 million locally owned and managed Bank operates 17 full-service offices throughout Lafourche Parish, Terrebone Parish, Assumption Parish, in New Orleans New Orleans (ôr`lēənz –lənz, ôrlēnz`), city (2006 pop. 187,525), coextensive with Orleans parish, SE La., between the Mississippi River and Lake Pontchartrain, 107 mi (172 km) by water from the river mouth; founded , and in Baton Rouge Baton Rouge (băt`ən r  zh) [Fr.,=red stick], city (1990 pop. 219,531), state capital and seat of East Baton Rouge parish, SE La. , with a Loan Production Office in Mandeville. ArgentBank is currently expanding its branch network in Terrebone Parish where two branches are being built simultaneously, scheduled to open in early 1996. CONTACT: ArgentBank, Thibodaux Randall E. Howard, 504/447-0550 |
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