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Second Bancorp Announces Second Quarter Dividend
WARREN, Ohio, May 26 /PRNewswire-FirstCall/ -- SECOND BANCORP INCORPORATED
(Nasdaq: SECD; SECDP) announced that its Board of Directors has declared a
nineteen cent ($.19) per common share dividend payable July 6, 2004 to Second
Bancorp shareholders of record on June 29, 2004. That dividend is unchanged
from the previous quarter.
The dividend, payable after Second Bancorp's scheduled July 1, 2004 merger with
and into Sky Financial Group, Inc., is being paid under "Dividend Coordination"
language contained in the January 8, 2004 Agreement and Plan of Merger between
the companies. That language protects Second Bancorp shareholders from the
loss of a quarterly dividend in conjunction with completion of the merger.
Second Bancorp is a $2.1 billion financial holding company providing a full
range of commercial and consumer banking, wealth management, insurance and
investment products and services to communities in a nine county area of
Northeastern Ohio through subsidiaries Second National Bank and Stouffer-
Herzog Insurance Agency, Inc.
Additional information about Second Bancorp can be found on the Web at
http://www.secondbancorp.com/ .
DATASOURCE: Second Bancorp Incorporated
CONTACT: Christopher Stanitz, Executive Vice President and Secretary of
Second Bancorp Incorporated, +1-330-841-0234, or fax, +1-330-841-0489, or
Web site: http://www.secondnationalbank.com/