Commercial Federal Corporation Announces Regular Quarterly Cash Dividend.OMAHA Omaha, city, United States Omaha (ō`məhä, –hô), city (1990 pop. 335,795), seat of Douglas co., E Nebr., on the west bank of the Missouri River; inc. 1857. , Neb. -- Commercial Federal Corporation (NYSE NYSE See: New York Stock Exchange :CFB CFB Canadian Forces Base ) announced today that its Board of Directors approved the payment of a regular quarterly cash dividend to shareholders of record as of December 24, 2004. The dividend, in the amount of $.135 per share, will be paid on January 6, 2005. The company's 12-month dividend yield is 1.81% (source: Bloomberg, 11/9/04). "Since we listed 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. beginning in 1995, we have never missed a quarterly dividend," said William A Fitzgerald, chairman & chief executive officer. "We are proud of our record of dividend growth and consistency, to provide maximum value for our shareholders." Commercial Federal maintains a Dividend Reinvestment Plan Dividend Reinvestment Plan (DRP) Plan which provides for automatic reinvestment of shareholder dividends in more shares of a company's stock, often without commissions. Some plans provide for the purchase of additional shares at a discount to market price. that offers shareholders a convenient and inexpensive way to increase their investment in Commercial Federal Corporation. For information about the plan, contact Shareowner Services at (800) 468-9716. Commercial Federal Corporation is the parent company of Commercial Federal Bank, an $11.4 billion federal savings bank Noun 1. federal savings bank - a federally chartered savings bank FSB savings bank - a thrift institution in the northeastern United States; since deregulation in the 1980s they offer services competitive with many commercial banks that operates branches located in Nebraska, Iowa, Colorado, Kansas, Oklahoma, Missouri and Arizona. In addition to full-service retail banking, Commercial Federal offers a broad array of financial services and products including commercial banking services, commercial and industrial lending, small business banking, construction lending, cash management, insurance and investment services, mortgage origination and servicing, and Internet banking. |
|
||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion