Harleysville Natl Corp Pa (MM) (NASDAQ:HNBC)
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Harleysville National Corporation Declares Cash Dividend
HARLEYSVILLE, Pa., May 12 /PRNewswire-FirstCall/ -- The Board of Directors of
Harleysville National Corporation (HNC) (NASDAQ:HNBC) declared a regular cash
dividend for the second quarter of 2005 of $.18 per share on 26,245,722 shares
of outstanding common stock. The dividend, which represents an 11.1% increase
over the regular dividend paid in the same period last year, is payable June
15, 2005, to shareholders of record on May 31, 2005. "We are pleased that our
strong financial performance has, once again, enabled us to reward our loyal
shareholders," said Gregg J. Wagner, President and CEO.
Harleysville National Corporation, with assets of $3 billion, is the holding
company for Harleysville National Bank (HNB). Investment Management and Trust
Services are provided through Millennium Wealth Management & Private Banking, a
division of HNB, with assets under management exceeding $1.6 billion.
Cumberland Advisors, Inc., an SEC registered investment advisor specializing in
fixed-income money management and equities, using exchange- traded funds, is
also a part of Millennium Wealth Management & Private Banking. Harleysville
National Corporation stock is traded under the symbol "HNBC" and is commonly
quoted under Nasdaq National Market Issues. For more information, visit the
HNC website at http://www.hncbank.com/.
This press release may contain forward-looking statements as defined in the
Private Securities Litigation Reform Act of 1995. Actual results and trends
could differ materially from those set forth in such statements due to various
factors. Such factors include the possibility that increased demand or prices
for the Company's financial services and products may not occur, changing
economic and competitive conditions, technological developments, and other
risks and uncertainties, including those detailed in the company's filings with
the Securities and Exchange Commission.
DATASOURCE: Harleysville National Corporation
CONTACT: Gregg J. Wagner, President and CEO, Harleysville National
Corporation, +1-215-513-2391
Web site: http://www.hncbank.com/