Community Bankshares Inc., holding company for Concord Savings Bank, announces increased quarterly common stock dividend.CONCORD, N.H.--(BUSINESS WIRE)--July 19, 1995--Community Bankshares Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :CBNH) holding company for Concord Savings Bank savings bank, financial institution that, until recently, performed only the following functions: receiving savings deposits of individuals, investing them, and providing a modest return to its depositors in the form of interest. , today announced that the board of directors has declared a regular quarterly dividend of $0.14 per share of common stock outstanding. The dividend will be payable on August 18, 1995 to stockholders of record on July July: see month. 31, 1995. This dividend of $0.14 per share represents an increase of $0.01 per share, or 7.7% over the dividend paid in each of the previous three quarters. The company also announced that its automatic dividend re-investment plan continues to meet with wide stockholder support. Under the plan, stockholders of record can elect to have their cash dividends automatically used to purchase additional shares of the company's common stock. Community Bankshares Inc. is traded on the NASDAQ National Market System under the symbol "CBNH." Deposits in the company's principal subsidiary, Concord Savings Bank, are insured up to applicable limits by the Federal Deposit Insurance Corp. The bank offers a wide range of financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. to consumers, businesses and municipalities throughout New Hampshire New Hampshire, one of the New England states of the NE United States. It is bordered by Massachusetts (S), Vermont, with the Connecticut R. forming the boundary (W), the Canadian province of Quebec (NW), and Maine and a short strip of the Atlantic Ocean (E). with five offices in central New Hampshire. CONTACT: Community Bankshares Inc. Richard Kamp, 603/224-1100 |
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