BIC CORPORATION INCREASES QUARTERLY CASH DIVIDEND 15%; MARKS NINTH INCREASE IN LAST TEN YEARS.MILFORD Milford. 1 Residential city (1990 pop. 49,938), New Haven co., SW Conn., on Long Island Sound; settled 1639, inc. as a city 1959. Oysters and clams are gathered there for commercial use, and the city also has light manufacturing, such as the production , Conn.--(BUSINESS WIRE)--Jan. 4, 1995--The board of directors of BIC BIC See: Bank Investment Contract Corporation voted a 15% increase in the regular cash dividend to a new annual rate of $.92, Bruno Bich, chairman and chief executive officer, announced today. The increased quarterly dividend of $.23 per share will be paid on February February: see month. 1, 1995 to shareholders of record on January 18, 1995. The previous quarterly dividend rate was $.20 per share. This marks the ninth increase in the regular dividend in the last ten years. CONTACT: Arthur Schmidt & Associates, Inc., 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 Tel (212) 953-5555 Fax (212) 953-5554 |
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