Dividends
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Dividends and Poker
When playing poker you receive rakeback from the poker
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player as a loyalty bonus for playing with them.
Yadkin Valley Financial (YAVY) Announces Suspension of Quarterly Dividend
More News related to YAVY
- Yadkin Valley Financial Corporation Announces Third Quarter 2009 Results
- Yadkin Valley Financial Corporation Announces Date for Third Quarter 2009 Financial Results and Conference Call
- Yadkin Valley Financial (YAVY) Announces Suspension of Quarterly Dividend
- Yadkin Valley Financial (YAVY) Names New CFO
- Yadkin Valley Financial (YAVY) Approves $0.06 Per Share Quarterly Dividend
Yadkin Valley Financial Corporation (NASDAQ: YAVY) announced that its Board voted to suspend payment of the Company's quarterly cash dividend. The Board will continue to evaluate the payment of a quarterly cash dividend on a quarterly basis.
"The suspension of our quarterly dividend, while disappointing, is a necessary step in preserving our capital during this prolonged period of economic uncertainty across our markets. By temporarily suspending our dividend, we estimate that we will save approximately $3.9 million in capital annually, or $968,000 per quarter," said Bill Long, President and Chief Executive Officer.
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