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Colonial Bancgroup Declares Dividend Payment.


Business Editors

MONTGOMERY, Ala ALA aminolevulinic acid.
Ala alanine.
ala (a´lah) pl. a´lae   [L.] a winglike process.
.--(BUSINESS WIRE)--Jan. 18, 2001

The Colonial BancGroup, Inc. 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 of directors meeting held Wednesday, January 17, 2001, a regular quarterly dividend of $0.12 per share of Colonial BancGroup common stock was declared, a 9% increase over the $.11 paid to shareholders quarterly in 2000.

At the quarterly meeting, the board of directors approved payment of dividends on February 9, 2001 to shareholders of record as of January 26, 2001.

Colonial BancGroup currently operates 237 offices in Alabama, Florida, Georgia, Tennessee, Texas and Nevada 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 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) 
. In most newspapers the stock is listed as ColBgp.
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No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2001, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Jan 18, 2001
Words:124
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