AmSouth Bancorporation Board Increases Dividend 4 Percent; 35th Year of Consecutive Dividend Increases; Yield Reaches 4.2 Percen
21 10월 2005 - 5:50AM
Business Wire
AmSouth Bancorporation (NYSE: ASO) announced today that its Board
of Directors increased the company's quarterly dividend 4 percent
to $.26 per common share, payable Jan. 2, 2006, to shareholders of
record as of Dec. 20, 2005. Based on the new dividend rate,
AmSouth's dividend yield as of October 19, 2005, would be 4.2
percent. AmSouth holds Mergent's "Dividend Achiever" designation
for its record of increasing dividends for 35 consecutive years, an
honor accorded just 3 percent of U.S.-listed, dividend-paying
publicly traded companies. About AmSouth AmSouth is a regional bank
holding company with over $50 billion in assets, more than 685
branch banking offices and more than 1,200 ATMs. AmSouth operates
in Florida, Tennessee, Alabama, Mississippi, Louisiana and Georgia.
AmSouth is a leader among regional banks in the Southeast in
several key business segments, including consumer and commercial
banking, small business banking, mortgage lending, equipment
leasing, and trust and investment management services. AmSouth also
offers a complete line of banking products and services at its web
site, www.amsouth.com.
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