Home | Business News | Browse by Publication | B | Business Wire

Atlantic Coast Federal Corporation Increases Quarterly Dividend to $0.15 Per Common Share.

Publication: Business Wire
Publication Date: 28-SEP-07
Format: Online
Delivery: Immediate Online Access

Article Excerpt
WAYCROSS, Ga. -- Atlantic Coast Federal Corporation (NASDAQ: ACFC), the holding company for Atlantic Coast Bank, today announced that its Board of Directors has voted to increase the Company's regular quarterly cash dividend rate on common stock to $0.15 per share. This new rate represents a $0.01 increase from the preceding quarter and goes into effect with the next dividend that will be paid on October 29, 2007, to all stockholders of record as of October 12, 2007.

Atlantic Coast Federal, MHC, which holds 8,728,500 shares or approximately 64% of the Company's total outstanding stock, will waive receipt of the...

Read the FULL article now - Try Goliath Business News - FREE!   
You can view this article PLUS...

  • Over 5 million business articles
  • Hundreds of the most trusted magazines, newswires, and journals (see list)
  • Premium business information that is timely and relevant
  • Unlimited Access

Now for a Limited Time, try Goliath Business News - Free for 3 Days!
Tell Me More   Terms and Conditions

Get Goliath Business News for 1 year - Just $99 (Save 65%)
Tell Me More   Terms and Conditions

Already a subscriber? Log in to view full article



More articles from Business Wire
The Cheesecake Factory Opens in Greenwood, Indiana and Mesa, Arizona., September 28, 2007
iLinc to Participate in Wedbush Morgan Securities Converged Communicat..., September 28, 2007
Salary.com(TM) to Present at the William Blair Small-Cap Growth Stock ..., September 28, 2007
ITG Launches POSIT Pre-Open Crossing Session., September 28, 2007
Del Monte Foods Company Declares Dividend of $0.04 Per Share., September 28, 2007

Looking for additional articles?
Search our database of over 3 million articles.

Looking for more in-depth information on this industry?
Search our complete database of Industry & Market reports by text, subject, publication name or publication date.

About Goliath
Whether you're looking for sales prospects, competitive information, company analysis or best practices in managing your organization, Goliath can help you meet your business needs.

Our extensive business information databases empower business professionals with both the breadth and depth of credible, authoritative information they need to support their business goals. Whether it be strategic planning, sales prospecting, company research or defining management best practices - Goliath is your leading source for accurate information.