City National Declares Increased Fourth Quarter Dividend.Business Editors LOS ANGELES--(BUSINESS WIRE)--Jan. 27, 2000 The Board of Directors of City National Corp. (NYSE NYSE See: New York Stock Exchange :CYN CYN Canyon ) today announced a 6 percent increase in the regular quarterly common stock cash dividend to $.175 per share for the fourth quarter of 1999, up from the previous $.165 per share. The dividend is payable on Feb. 22, 2000, to shareholders of record on Feb. 9, 2000. Today's announcement represents the sixth consecutive year in which City National has increased its dividend. City National is a publicly owned Publicly owned can refer to:
World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City. under the symbol &uot;CYN.&uot; The corporation's wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. , City National Bank, is the largest independent bank headquartered in Southern California. City National Bank has 46 offices throughout Los Angeles, Orange, Riverside, San Diego, San Bernardino and Ventura counties. For more information about City National, call the company's Fax-On-Demand Information Service at 800/873-5293, or visit City National's Web site at www.cnb.com. |
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