Susquehanna Bancshares, Inc. Announces Accelerated Payment of First Quarter 2013 Dividend

Before you go, we thought you'd like these...
Before you go close icon

Susquehanna Bancshares, Inc. Announces Accelerated Payment of First Quarter 2013 Dividend

LITITZ, Pa.--(BUSINESS WIRE)-- The board of directors of Susquehanna Bancshares, Inc. (Susquehanna) (NAS: SUSQ) has declared a dividend of $0.07 per common share for the first quarter of 2013. Payment of the dividend will be accelerated and will occur in the fourth quarter of 2012. The dividend will be payable on December 31, 2012 to shareholders of record December 21, 2012.

"We are accelerating the payment of our first-quarter dividend due to the potential for change in tax rates that would apply to dividends in 2013," said William J. Reuter, Chairman and Chief Executive Officer of Susquehanna. "Our board considers the dividend on a quarterly basis, and we are pleased to take this step to ensure that we are providing returns to our shareholders in an efficient manner."


Susquehanna is a financial services holding company with assets of more than $18 billion. Headquartered in Lititz, Pa., the company provides banking and financial services at 261 branch locations in the mid-Atlantic region. Through Susquehanna Wealth Management, the company offers investment, fiduciary, brokerage, insurance, retirement planning and private banking services, with approximately $7.8 billion in assets under management and administration. Susquehanna also operates an insurance brokerage and employee benefits company, a commercial finance company and a vehicle leasing company. Investor information is available through Susquehanna's Web site at www.susquehanna.net.

anImage


Susquehanna Bancshares, Inc.
INVESTOR RELATIONS CONTACT:
Carl D. Lundblad, Senior Vice President
717-625-6305
ir@susquehanna.net
or
MEDIA CONTACT:
Stephen Trapnell, Director of Corporate Communications
717-625-6548
communications@susquehanna.net

KEYWORDS:   United States  North America  Pennsylvania

INDUSTRY KEYWORDS:

The article Susquehanna Bancshares, Inc. Announces Accelerated Payment of First Quarter 2013 Dividend originally appeared on Fool.com.

Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

Copyright © 1995 - 2012 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.

Read Full Story

Want more news like this?

Sign up for Finance Report by AOL and get everything from business news to personal finance tips delivered directly to your inbox daily!

Subscribe to our other newsletters

Emails may offer personalized content or ads. Learn more. You may unsubscribe any time.

From Our Partners