Associated Banc-Corp increases quarterly dividend 22.7 percent.GREEN BAY, Wis adv. 1. Certainly; really; indeed. v. t. 1. To think; to suppose; to imagine; - used chiefly in the first person sing. present tense, I wis. See the Note under Ywis. .--(BUSINESS WIRE)--July 26, 1995--Today, the Associated Banc-Corp Associated Banc-Corp is a bank holding company headquartered in Green Bay, Wisconsin. As of early 2007, it had $20.8 billion in assets and was the 41st largest bank holding company in the United States.[1] The company has over 5101 employees. (NASDAQ/ASBC) board of directors declared a quarterly dividend of 27 cents ($0.27) per share of common stock. This represents a 22.7 percent increase when compared to the 1994-third quarter dividend of 22 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. on a restated basis. The dividend, equal to $1.08 per share on an annual basis, would result in a five-year annual compounded growth rate in dividends of 14.2 percent through the end of 1995. Payable on Aug. 15, 1995 to shareholders of record as of Aug. 7, 1995, this is the 101st consecutive quarter Associated has paid a dividend since its origin in 1970. Associated currently has 15.8 million shares of common stock outstanding to over 5,000 registered shareholders. The quarterly dividend follows the company's payment of a 5-for-4 stock split effective in the form of a stock dividend paid on June 15, 1995, and the announcement of its second quarter per share earnings reported at 9.5 percent higher than the net income per share reported for the 1994-second quarter. Associated Banc-Corp, headquartered in Green Bay, is a diversified diversified (di·verˑ·s multibank holding company Noun 1. multibank holding company - a bank holding company owning several banks bank holding company - a holding company owning or controlling one or more banks with over 85 banking locations in Wisconsin Wisconsin, state, United States Wisconsin (wĭskŏn`sən, –sĭn), upper midwestern state of the United States. It is bounded by Lake Superior and the Upper Peninsula of Michigan, from which it is divided by the Menominee and Illinois. The $3.4-billion company offers a full line of traditional banking services and a variety of financially related services through other Associated affiliates. CONTACT: Associated Banc-Corp, Green Bay Mary K. Magyar, 414/283-2306 |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion