First Charter Announces Increase in Second Quarter Dividend.CHARLOTTE, N.C. -- First Charter Corporation (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 : FCTR FCTR First Charter Corporation (stock symbol) FCTR Federal Cash Transactions Report FCTR Forced Call Termination Rate ) reported today that the Board of Directors has declared a $.005, or 2.6%, increase in the dividend for the second quarter to $0.195 per share. For First Charter Corporation, a recent recipient of the Mergent Dividend Achiever Award signifying annual dividend increases for 10 or more consecutive years, this marks the 15th consecutive year it has increased its dividend. The new annual dividend yield will be approximately 3.24% based on the $24.09 closing price of First Charter Corporation common stock at June 27, 2006. The dividend, declared at the Board's June 28, 2006 meeting, will be payable on July 21, 2006 to shareholders of record as of July 11, 2006. Corporate Profile First Charter Corporation is a regional 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. company with assets of $4.3 billion and is the holding company for First Charter Bank. First Charter operates 58 financial centers, four insurance offices and 139 ATMs located throughout North Carolina North Carolina, state in the SE United States. It is bordered by the Atlantic Ocean (E), South Carolina and Georgia (S), Tennessee (W), and Virginia (N). Facts and Figures Area, 52,586 sq mi (136,198 sq km). Pop. . First Charter also operates loan origination offices in Asheville, North Carolina Not to be confused with Ashville. Asheville is a city in Buncombe County, North Carolina, and is its county seat. As of the 2000 census, the city had a total population of 68,889. It is the largest city in western North Carolina, and continues to grow. and Reston, Virginia. First Charter provides businesses and individuals with a broad range of financial services, including banking, financial planning Financial planning Evaluating the investing and financing options available to a firm. Planning includes attempting to make optimal decisions, projecting the consequences of these decisions for the firm in the form of a financial plan, and then comparing future performance against , funds management, investments, insurance, mortgages and a full array of employee benefit programs. Additional information about First Charter may be found by visiting www.FirstCharter.com or by calling 1-704-688-4505. First Charter's common stock is traded under the symbol "FCTR" on the NASDAQ National Market. |
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