National Penn Bancshares (NPBC) Raises Qtr. Dividend to $0.03; 1.5% Yield

July 27, 2011 11:59 AM EDT
National Penn Bancshares, Inc. (NASDAQ: NPBC) declared a quarterly dividend of $0.03 per share, or $0.12 annualized. This is a 200% increase from the prior dividend of $0.01.

The dividend will be payable on August 17, 2011, to stockholders of record on August 6, 2011, with an ex-dividend date of August 4, 2011.

The annual yield on the dividend is 1.5 percent.


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