CAPE » Topics » 5% STOCK DIVIDEND

This excerpt taken from the CAPE 8-K filed Jun 12, 2006.

5% STOCK DIVIDEND

WILMINGTON, NC – June 12, 2006 – Bank of Wilmington Corporation (Nasdaq: BKWW) announced today that its Board of Directors has approved a 5% stock dividend on the company’s outstanding common stock. The stock dividend will be paid on June 30, 2006, to shareholders of record on June 22, 2006. As a result of the stock dividend, each holder of shares of the company’s common stock on the record date will receive one new share of common stock for each twenty whole shares held of record on that date. In lieu of issuing fractional shares, the company will pay cash based on the average of the closing bid and asked prices of its common stock on The Nasdaq Capital Market on the record date.

"5% STOCK DIVIDEND" elsewhere:

Beach First National Bancshares (BFNB)
Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki