Colonial BancGroup Declares Dividend Payment.Business Editors MONTGOMERY, Ala.--(BUSINESS WIRE)--Oct. 16, 2002 The Colonial BancGroup, Inc. (NYSE NYSE See: New York Stock Exchange :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) ) 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. , Robert E. Lowder, announced that, at its board meeting held today, a regular quarterly dividend of $0.13 per share of Colonial BancGroup common stock was declared. At the quarterly meeting, the board of directors approved payment of dividends on November 8, 2002 to shareholders of record as of October 25, 2002. It was also announced this week that the Company reached $15 billion in assets during the quarter ended September 30, 2002. Colonial BancGroup currently operates 267 offices in Alabama, Florida, Georgia, Nevada, Tennessee and Texas, and its common stock is traded on the New York Stock Exchange New York Stock Exchange (NYSE) 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 CNB. In most newspapers the stock is listed as ColBgp. |
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