Columbia Bancorp Reports 20% Increase in Quarterly Dividend
19 Diciembre 2003 - 11:28AM
PR Newswire (US)
Columbia Bancorp Reports 20% Increase in Quarterly Dividend
COLUMBIA, Md., Dec. 19 /PRNewswire-FirstCall/ -- Columbia Bancorp ,
parent company of The Columbia Bank, announced this day an increase
in the quarterly dividend. Recognizing the strength of the
Company's financial performance through the nine months ended
September 30, 2003, the Board of Directors authorized an increase
in the Company's quarterly Common Stock cash dividend from $.125
per share to $.15 per share, representing an increase of 20%. The
dividend will be paid on January 16, 2004 to stockholders of record
at the close of business on January 2, 2004. Columbia Bancorp,
headquartered in Columbia, Maryland, is a bank holding company and
parent company of The Columbia Bank, a commercial bank. The
Columbia Bank currently operates twenty-four banking offices in the
Baltimore/Washington Corridor and provides a full range of
financial services to consumers and businesses. Columbia Bancorp's
Common Stock is traded on the National Market tier of The Nasdaq
Stock Market(SM) under the symbol "CBMD". DATASOURCE: Columbia
Bancorp CONTACT: John A. Scaldara, Jr., CFO and Secretary, Columbia
Bancorp, +1-410-423-8012 Web site: http://www.columbank.com/
Company News On-Call: http://www.prnewswire.com/comp/127921.html
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