Harleysville National Corporation Increases Dividend and Declares 5% Stock Dividend
16 8월 2004 - 11:08PM
PR Newswire (US)
Harleysville National Corporation Increases Dividend and Declares
5% Stock Dividend HARLEYSVILLE, Pa., Aug. 16 /PRNewswire-FirstCall/
-- The Board of Directors of Harleysville National Corporation
(NASDAQ:HNBC) (HNC) declared a regular cash dividend for the third
quarter of 2004 of $.18 per share on 24,974,134 shares of
outstanding common stock. The dividend, which represents a 12.5%
increase over the regular dividend paid in the same period last
year, is payable September 15, 2004, to shareholders of record
August 27, 2004. In addition, Directors have approved a 5% stock
dividend payable on September 15, 2004 to shareholders of record on
August 30, 2004. "It is a pleasure to report more good news for our
loyal shareholders," said Walter E. Daller Jr., Chairman and CEO.
"This continues our record of more than 29 years of increased
dividends and 28 years of record earnings," he added. Harleysville
National Corporation, with assets of $2.8 billion, is the holding
company for its major subsidiary, Harleysville National Bank and
Trust Company (HNB). Providing Real Life Financial Solutions, HNB
operates 45 offices in 10 counties throughout eastern Pennsylvania.
Individuals, families and businesses can apply for banking, trust
and investment services at any HNB office, by calling
1-888-HNB-2100 or online at http://www.harleysvillebank.com/ .
Investment Management and Trust Services are provided through the
Millennium Wealth Management and Private Banking Group, a division
of HNB, with assets of $1.4 billion. Harleysville National
Corporation stock is traded under the symbol "HNBC" and is commonly
quoted under Nasdaq National Market Issues. For more information,
visit the HNC Web site at http://www.hncbank.com/ . This press
release may contain forward-looking statements as defined in the
Private Securities Litigation Reform Act of 1995. Actual results
and trends could differ materially from those set forth in such
statements due to various factors. Such factors include the
possibility that increased demand or prices for the Company's
financial services and products may not occur, changing economic
and competitive conditions, technological developments, and other
risks and uncertainties, including those detailed in the company's
filings with the Securities and Exchange Commission. DATASOURCE:
Harleysville National Corporation CONTACT: Walter E. Daller Jr.,
Chairman, President and CEO of Harleysville National Corporation,
+1-215-256-8851 ext. 2300 Web site:
http://www.harleysvillebank.com/ http://www.hncbank.com/
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