CARNEGIE BANCORP DECLARES $.12 QUARTERLY CASH DIVIDEND.PRINCETON, N.J.--(BUSINESS WIRE)--MAY 6, 1996--CARNEGIE BANCORP (NASDAQ/NMS: CBNJ CBNJ Community Bancorp of New Jersey , CBNJW) today announced that at the April 17, 1996 meeting of its Board of Directors, CARNEGIE BANCORP declared a second quarter cash dividend of $.12 per share to shareholders of record on May 20, 1996, payable on June 19, 1996. This represents the 18th consecutive quarter in which the Company has paid a cash dividend. CARNEGIE's solid earnings growth has enabled the Company to consistently pay a quarterly cash dividend, beginning with $.06 per share in 1992, increasing to $.08 per share in 1993, $.10 per share in 1994 and $.12 per share in 1995. CARNEGIE recently announced the authorization The right or permission to use a system resource; the process of granting access. See access control. of an annual 5% stock dividend to shareholders of record on April 24, 1996 and payable on May 15, 1996. This stock dividend marks the seventh consecutive 5% annual stock dividend paid to shareholders since 1990. CARNEGIE's Annual Meeting of Shareholders will be held on May 29, 1996, 4:00 p.m., at its headquarters office at 619 Alexander Road, Princeton, New Jersey
Princeton, New Jersey is located in Mercer County, New Jersey, United States. Princeton University has been sited in the town since 1756. . CARNEGIE BANK, N.A., a national bank headquartered in Princeton, New Jersey, is the single subsidiary of CARNEGIE BANCORP. CARNEGIE BANK, N.A. serves small businesses, professionals and high net worth individuals through its six branches located in Princeton, Hamilton, Marlton, Denville, Toms River and Montgomery Township, New Jersey Montgomery Township is a Township in Somerset County, New Jersey, United States. As of the United States 2000 Census, the township population was 17,481. The Census Bureau's 2006 population estimate for Montgomery Township is 23,243, which represents growth of over 140% since the . Other branches are expected to open this year in Langhorne, Pennsylvania Langhorne is a borough in Bucks County, Pennsylvania, United States. The population was 1,981 at the 2000 census. The name "Langhorne" is also used broadly to include the surrounding townships encompassed by ZIP code 19047. and Flemington, New Jersey Flemington is a Borough in Hunterdon County, New Jersey, United States. As of the United States 2000 Census, the borough population was 4,201. It is the county seat of Hunterdon County. . CONTACT: THOMAS L. GRAY, JR. (609) 520-0601 LEONARDO G. ZANGANI (908) 788-9660 |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion