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SEBC Skandinaviska Enskilda Banken

14.34
0.20 (1.41%)
19:45:34 - Realtime Data
Share Name Share Symbol Market Type
Skandinaviska Enskilda Banken TG:SEBC Tradegate Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.20 1.41% 14.34 14.36 14.48 14.36 14.04 14.04 20 19:45:34

Southeastern Banking Corporation Announces First Quarter 2009 Dividend

12/02/2009 10:55pm

PR Newswire (US)


Skandinaviska Enskilda B... (TG:SEBC)
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DARIEN, Ga., Feb. 12 /PRNewswire-FirstCall/ -- Southeastern Banking Corporation (OTC:SEBC) (BULLETIN BOARD: SEBC) announced today that its Board of Directors approved a 32% reduction in the quarterly dividend from $0.125 per share to $0.085 per share. The reduction reflects the Company's proactive management of capital through a continuing period of economic uncertainty in the financial industry. The dividend reduction strengthens the Company's overall balance sheet by retaining not only capital but also cash. The announced dividend will be payable March 10 to shareholders of record at the close of business on February 25. Southeastern Banking Corporation is the parent holding company of Southeastern Bank, headquartered in Darien, Georgia. DATASOURCE: Southeastern Banking Corporation CONTACT: Alyson G. Beasley, Vice President, or Wanda D. Pitts, Secretary, +1-912-437-4141, both of Southeastern Banking Corporation

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