Colonial BancGroup Declares Dividend.MONTGOMERY, Ala. -- 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, 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. and President, Robert E. Lowder, announced that at its meeting today, the board of directors declared a regular quarterly dividend of $0.1875 per share of Colonial BancGroup common stock. The dividend will be paid on November 9, 2007 to shareholders of record as of the close of business on October 26, 2007. Colonial BancGroup operates 323 branches in Florida, Alabama, Georgia, Nevada and Texas with more than $24.5 billion in assets. The Company's 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 and is located online at www.colonialbank.com. In most newspapers, the stock is listed as ColBgp. |
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