Printer Friendly

SIGNET BANKING CORP. DECLARES DIVIDEND

 RICHMOND, Va., July 27 /PRNewswire/ -- The board of directors of Signet Banking Corp. (NYSE: SBK) today declared a regular quarterly dividend on its outstanding common stock.
 Robert M. Freeman, chairman and chief executive officer, announced that a dividend of $.20 per share would be paid on Aug. 25, 1993, to stockholders of record at the close of business on Aug. 10, 1993.
 The per-share amount of the dividend reflects the two-for-one stock split declared on June 23, 1993. The stock split will be effective at the close of business today and will result in 56.3 million shares outstanding.
 Signet Banking Corp. is a $12 billion organization with 237 full-service banking offices throughout Virginia, Maryland and the District of Columbia. It offers investment services including municipal bond, government, federal agency and money market sales and trading, foreign exchange trading and discount brokerage, an international operation concentrating on trade finance, and specialized services for trust, leasing, asset-based lending, cash management, real estate, insurance, consumer financing and investment banking. Signet is listed on the New York Stock Exchange and trades under the symbol SBK.
 -0- 7/27/93
 /CONTACT: Teri Temples, Public Relations Director, Signet, 804-771-7210/
 (SBK)


CO: Signet Banking Corp. ST: Virginia IN: FIN SU: DIV

TW -- DC016 -- 6200 07/27/93 11:51 EDT
COPYRIGHT 1993 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1993 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Jul 27, 1993
Words:214
Previous Article:CHAMPS REPORTS SECOND QUARTER CASH FLOW OF APPROXIMATELY 12 CENTS PER SHARE
Next Article:ACTION PRODUCTS INTERNATIONAL INC. EARNINGS UP 61 PERCENT
Topics:


Related Articles
FIRST NATIONAL BANK CORP. BOARD DECLARES SPECIAL, QUARTERLY CASH DIVIDEND
SIGNET ANNOUNCES 50 PERCENT INCREASE IN QUARTERLY DIVIDEND
CVB FINANCIAL CORP. ANNOUNCES STOCK DIVIDEND
SIGNET ANNOUNCES STOCK SPLIT
SIGNET BANKING CORPORATION DECLARES DIVIDEND
PNC BANK CORP. DECLARES DIVIDEND OF 32 CENTS ON COMMON STOCK
CAPITAL ONE DECLARES QUARTERLY DIVIDEND
Signet Banking Corporation Increases Dividend 5 Percent
First Union Ratings Affirmed; Signet Banking's S&PWatch Positive
PNC Bank Corp. Declares Dividend of 39 Cents on Common Stock

Terms of use | Copyright © 2016 Farlex, Inc. | Feedback | For webmasters