BankAtlantic Bancorp Declares Quarterly Cash Dividend.Business Editors FORT LAUDERDALE Fort Lauderdale (lô`dərdāl), residential, commercial, and resort city (1990 pop. 149,377), seat of Broward co., SE Fla., on the Atlantic coast; settled around a fort built (c.1837) in the Seminole War, inc. 1911. , Fla.--(BUSINESS WIRE)--Dec. 10, 2001 The Board of Directors of BankAtlantic Bancorp (NYSE NYSE See: New York Stock Exchange :BBX BBX Business Basic Extended BBX Business Barter Exchange BBX Blue Bell, Pennsylvania (Airport Code) BBX Blockbuster Express (UK video store) ), the parent company of BankAtlantic, Levitt Corporation, and Ryan, Beck and Co., has declared a cash dividend of $0.029 per share on its Class A Common Stock. The Board set the payment date for Thursday, January 17, 2002 to all shareholders of record at the close of trading on Thursday, January 3, 2002. About BankAtlantic Bancorp: BankAtlantic Bancorp (NYSE:BBX) is a diversified financial The diversified financial services segment includes a range of consumer and commercially-oriented companies offering a wide variety of products and services, including various lending products (such as home equity loans and credit cards), insurance, and securities and investment services holding company and the parent company of BankAtlantic, Levitt Corporation and Ryan, Beck & Co. Through its subsidiaries, BankAtlantic Bancorp provides a full line of products and services encompassing consumer and commercial banking, brokerage and investment banking, and real estate development. BankAtlantic is one of the largest financial institutions headquartered in Florida and provides a comprehensive offering of banking services and products via its broad network of community branches throughout Florida and its online banking division - BankAtlantic.com. Levitt Corporation includes Levitt and Sons, Core Communities and Levitt Commercial. Levitt and Sons: America's oldest homebuilder and first to build planned suburban communities, currently develops single-family homes in its active adult residential developments throughout Florida. Core Communities oversees operations at the St. Lucie St. Lucie may refer to:
residential area, residential district, community - a district where people live; occupied primarily by private residences environments in Florida and throughout the southeastern U.S. Master planned community; St. Lucie West has been ranked as the fastest growing community on Florida's Treasure Coast for the last seven consecutive years. Levitt Commercial specializes in development, re-development, and joint venture opportunities in industrial, office and retail properties. Ryan, Beck & Co. engages in underwriting, market making, distribution, and trading of equity and debt securities, money management and general securities brokerage, as well as consulting, research and financial advisory services advisory services advisory services provided to the public, in their capacity as owners and managers of animals, are an important part of veterinary science. They may be provided by government bureaux, by commercial companies who deal in pharmaceuticals or animals or animal to financial institutions and middle market companies. For further information, please visit our websites: BankAtlantic: http://www.BankAtlantic.com Levitt and Sons: http://www.LevittandSons.com Core Communities: http://www.StLucieWest.com Levitt Commercial: http://www.LevittCommercial.com Ryan, Beck and Co.: http://www.RyanBeck.com -- Online banking products and services can be accessed directly through http://www.BankAtlantic.com. -- If you would like to receive future news releases or announcements directly via email, please access the e-News banner on the Investor Relations page at http://www.BankAtlantic.com. Statements in this release may constitute forward looking statements and are made pursuant to the Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. Provision of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. Forward looking statements are based largely on expectations and are subject to a number of risks and uncertainties including but not limited to the risks and uncertainties associated with economic, competitive and other factors affecting the Company and its operations, future payment of dividends as determined and declared by the Company's Board of Directors, and other factors detailed in the Company's SEC filings. |
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