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Cavalry Bancorp Declares $.05 Per Share Quarterly Cash Dividend.


Business Editors

MURFREESBORO, Tenn.--(BUSINESS WIRE)--Aug. 22, 2002

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 the regular quarterly cash dividend of $0.05 per share. The dividend is payable October 11, 2002, to shareholders of record on September 30, 2002. 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 $0.20 per share.

Cavalry Bancorp, the parent of Cavalry Banking, is a community-oriented financial institution operating nine offices in Rutherford Rutherford (rŭth`ərfərd), borough (1990 pop. 17,790), Bergen co., NE N.J., a residential suburb of the New York City–N New Jersey metropolitan area; inc. 1881. Several pre-Revolutionary houses remain there.  and Bedford Counties Bedford County is the name of several counties in the United States:
  • Bedford County, Pennsylvania
  • Bedford County, Tennessee
  • Bedford County, Virginia
 in Central Tennessee.
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Comment:Cavalry Bancorp Declares $.05 Per Share Quarterly Cash Dividend.
Publication:Business Wire
Geographic Code:1USA
Date:Aug 22, 2002
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