National Penn (NPBC) Raises Qtr. Dividend 40% to $0.07, 3.2% Yield; Authorizes 7.5M Share Buyback Plan
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National Penn Bancshares, Inc. (NASDAQ: NPBC) declared a quarterly dividend of $0.07 per share, or $0.28 annualized. This is a 40% increase from the prior dividend of $0.05.
The dividend will be payable on May 17, 2012, to stockholders of record on May 5, 2012, with an ex-dividend date of May 2, 2012.
The annual yield on the dividend is 3.2 percent.
For a dividend history and other dividend-related data on National Penn Bancshares, Inc. (NPBC) click here.
The company also announced it will buyback up to 7.5 million shares of common stock.
The dividend will be payable on May 17, 2012, to stockholders of record on May 5, 2012, with an ex-dividend date of May 2, 2012.
The annual yield on the dividend is 3.2 percent.
For a dividend history and other dividend-related data on National Penn Bancshares, Inc. (NPBC) click here.
The company also announced it will buyback up to 7.5 million shares of common stock.
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