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Access National (ANCX) Reports Q1 EPS of 22c; Raises Qtr. Dividend to 3c/Share, Yielding 1.69%

April 20, 2011 2:29 PM EDT
Access National (Nasdaq: ANCX) reports Q1 EPS of 22c, which compares to the Street estimate of 17c.

The company also raised its quarterly dividend by 50% from 2 cents to 3 cents per common share.

The dividend is payable on May 25 to shareholders of record on May 5. The ex-dividend date is May 3.

Based on Tuesday's closing price of $7.10, the dividend yield moves from 1.13% to 1.69%.


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