WGNB Corp. (WGNB) Approves 3-for-2 Stock Split, Increases Quarterly Dividend
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WGNB Corp. (NASDAQ: WGNB) announced a third quarter 2006 cash dividend of $0.2750 cents per share to Shareholders of record as of the close of business on September 29, 2006. The cash dividend is payable on October 2, 2006. The third quarter 2006 cash dividend amount represents a $0.01 cent, or 3.8%, increase over the cash dividend paid in the second quarter of 2006 and a $0.12 cent, or 17.8%, increase over the cash dividends paid during the first three quarters of 2005.
WGNB Corp. and its Directors also announced a 3 for 2 stock split of the Company's common stock, in the form of a stock dividend. This stock dividend will be made on shares held by all Shareholders of record as of the close of business on October 16, 2006, and distributed on or about November 15, 2006.
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