CORRECTING AND REPLACING Advanta Declares Increased Quarterly Dividend.Business Editors CORRECTION...by Advanta Advanta is an American banking company. Currently, it controls two banks, Advanta Bank Corp and Advanta National Bank. The banking corporation is not associated with Advanta Energy Corp., an energy consulting practice based in California. Corporation SPRING HOUSE, Pa.--(BUSINESS WIRE)--May 19, 2004 In BW5835 issued May 17, 2004: First graph, second sentence of release dated May 17, 2004 should read: The dividends will be payable on June June: see month. 18, 2004... (sted The dividends will be payable on June 16, 2004...) The corrected release reads: ADVANTA DECLARES INCREASED QUARTERLY DIVIDEND Advanta Corporation (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 :ADVNB; ADVNA ADVNA Advanta Corporation (stock symbol) ) today announced that its Board of Directors declared a regular quarterly cash dividend of 9.45 cents for its Class A common stock and 11.34 cents for its Class B common stock. The dividends will be payable on June 18, 2004 to stockholders of record as of May 28, 2004. This quarter's dividend reflects the Company's previously announced 50 percent increase and marks the first time Advanta has raised its dividend since 1996. Advanta has declared consecutive quarterly dividends since 1990. Advanta is a highly focused financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. company serving the small business market. Advanta leverages direct marketing and information based expertise to identify potential customers and new target markets and to provide a high level of service tailored to the unique needs of small business. Using these distinctive capabilities, Advanta has become one of the nation's largest issuers of MasterCard MasterCard Worldwide (NYSE: MA) is a mutinational corporation based in Purchase, NY in the United States. Throughout the world, its principal business is to process payments between the banks of merchants and the banks of purchasers that use its "Mastercard" branded debit- and business credit cards to small businesses. Since 1951, Advanta has pioneered many of the marketing techniques common in the financial services industry today, including remote lending, direct mail, and affinity and relationship marketing. Learn more about Advanta at www.advanta.com. |
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