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Cornerstone Bank Declares Shareholder Dividend.


STAMFORD Stamford, town, England
Stamford, town (1991 pop. 18,127), in the Parts of Kesteven, Lincolnshire, E central England, on the Welland River. It is a market town. Products include diesel engines, electrical equipment, bricks, and tiles.
, Conn.--(BUSINESS WIRE)--Nov. 25, 1997--Norman H. Reader, president, announced that Cornerstone cornerstone

Ceremonial building block, dated or otherwise inscribed, usually placed in an outer wall of a building to commemorate its dedication. Often the stone is hollowed out to contain newspapers, photographs, or other documents reflecting current customs, with a view to
 Bank's board of directors declared, at its regularly scheduled meeting, a quarterly cash dividend of six cents per share Cents per share

The amount of a mutual fund's dividend or capital gains distributions that a shareholder will receive for each share owned.
, payable on Jan. 15, 1998, to stockholders of record as of the close of business on Dec. 31, 1997. At Sept. 30, 1997 there were approximately 1,004,000 shares of common stock outstanding.

Cornerstone Bank is a full commercial bank with four offices located in Stamford and one office in Greenwich Greenwich, borough, Greater London, England
Greenwich (grĭn`īj, grĕn`–), outer borough (1991 pop. 200,800) of Greater London, SE England, on the Thames River. Manufactures include telephone equipment and underwater cable.
, Conn.

CONTACT: Cornerstone Bank, Stamford

James P. Jakubek, 203/356-0111
COPYRIGHT 1997 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1997, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Nov 25, 1997
Words:94
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