Park National Corporation (PRK) Declares $0.94 Quarterly Dividend; 4.4% Yield

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Park National Corporation Reports First Quarter 2015 Financial Results and Declares Dividend

April 24, 2015 4:10 PM EDT

NEWARK, Ohio, April 24, 2015 (GLOBE NEWSWIRE) -- Park National Corporation (Park) (NYSE MKT: PRK) today announced financial results for the three months ended March 31, 2015. The board of directors also declared a quarterly cash dividend of $0.94 per common share, payable on June 10, 2015 to common shareholders of record as of May 22, 2015.

Park's net income for the first quarter of 2015 was $19.0 million, compared to $19.6 million for the same period in 2014, a decrease of $0.6 million or 3.1 percent. Net income per diluted common share for the first quarter of 2015 was $1.23, compared to $1.27 in the same period of 2014.

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