CNB Financial Corp. Announces Record Dividend.CANAJOHARIE, New York--(BUSINESS WIRE)--Feb. 18, 1998--CNB Financial Corp. (Nasdaq:CNBF) announces its first quarterly dividend, the highest quarterly dividend since the company's formation in January of 1993. The dividend of $0.14 per share is 17.0 percent higher than that paid for the same period last year. This dividend is payable on March 10, 1998 to shareholders of record as of February 27, 1998. Donald L. Brass, President, stated that he was "very pleased that the Board of Directors' confidence in the performance of the Company will be passed along to the shareholders in the form of an increased dividend." Stock prices for CNB CNB Czech National Bank CNB Centro Nacional de Biotecnologia CNB City National Bank CNB Citizens National Bank CNB Croatian National Bank CNB Chloronitrobenzene CNB Corresponsales No Bancarios (Spanish, Colombia) Financial Corp. have increased dramatically thus far in 1998. The closing price on December 31, 1997 was 29, and on February 4, 1998 the price hit an all time high of 33 5/8. The stock is listed on the National Market System of NASDAQ under the symbol "CNBF". CNB Financial Corp. is a holding company with its principal office in Canajoharie, New York Canajoharie, New York may refer to:
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 . A second subsidiary, Central Asset Management, Inc., provides investment 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 . CONTACT: CNB Financial Corp. Peter J. Corso, 518/673-3243 |
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