Cavalry Bancorp Announces a 14.28 Percent Increase in the Regular Quarterly Cash Dividend to $0.08 Per Share.MURFREESBORO, Tenn. -- Cavalry Bancorp, Inc. (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 : CAVB) today announced that its Board of Directors has approved a 14.28 percent increase in its quarterly cash dividend from $0.07 to $0.08 per share. The dividend is payable October 14, 2005, to shareholders of record on September 30, 2005. The quarterly amount is equivalent to an annualized annualized Of or relating to a variable that has been mathematically converted to a yearly rate. Inflation and interest rates are generally annualized since it is on this basis that these two variables are ordinarily stated and compared. rate of $0.32 per share. Cavalry Board Chairman 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. Ed C. Loughry, Jr. stated that the Board continues to believe that shareholders should benefit from Cavalry's continued success through a healthy dividend. Cavalry Bancorp is the parent of Cavalry Banking, a community-oriented financial institution operating nine retail offices in Rutherford and Bedford Counties Bedford County is the name of several counties in the United States:
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