CBT Corporation announces increase in quarterly dividend.PADUCAH, Ky.--(BUSINESS WIRE)--Sept. 27, 1995--CBT Corporation's Board of Directors declared a quarterly dividend of $.12 per share, payable October 25, 1995 to shareholders of record at the close of business on October 9, 1995. This is a 9.1 percent increase over the current dividend rate and represents the 18th consecutive year dividends have increased. "Our current excellent capital position and long-term earnings outlook support this dividend increase," said William J. Jones, President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of CBT (Computer-Based Training) Using the computer for training and instruction. CBT programs are called "courseware" and provide interactive training sessions for all disciplines. Corporation. Outstanding shares as of August 31, 1995 were 7,904,935. CBT Corporation is traded on the NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on National Market under the symbol CBTC CBTC Communications-Based Train Control . CBT Corporation is an $890 million five bank holding company headquartered in Paducah, Kentucky Paducah is a city in McCracken County, Kentucky at the confluence of the Tennessee River and the Ohio River. The population was 26,307 at the 2000 census. It is the county seat of McCracken County. . CBT Affiliates include: Citizens Bank & Trust Company in Paducah, Kentucky; Pennyrile Citizens Bank & Trust Company in Hopkinsville; The Bank of Marshall County in Benton; Graves County Bank in Mayfield; United Commonwealth Bank in Murray and Fidelity Credit Corporation also in Paducah. The company has 18 banking locations in western Kentucky and 21 Fidelity Credit offices throughout the State. CONTACT: CBT Corporation, Paducah Kathleen O'Toole, 502/575-5285 |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion