National Penn Bancshares, Inc. Increases Fourth Quarter Cash Dividend
BOYERTOWN, Pa. -- October 24, 2012
National Penn Bancshares, Inc. (Nasdaq: NPBC) announced today that the Board
of Directors has declared a fourth quarter cash dividend of ten cents per
common share payable to shareholders of record as of November 3, 2012. The
cash dividend will be paid November 16, 2012.
“We are pleased to continue to increase the cash dividend paid to our
shareholders,” said Scott V. Fainor, President and CEO. “The action of our
Board of Directors reflects the strength of our balance sheet and our
company’s consistent financial performance, as we continue to deliver on our
commitment to enhance long-term shareholder value.”
About National Penn Bancshares, Inc.
National Penn Bancshares, Inc., with approximately $8.4 billion in assets, is
a bank holding company based in Pennsylvania. Headquartered in Boyertown,
National Penn operates 120 branch offices comprising 119 branches in
Pennsylvania and one branch in Maryland through National Penn Bank and its
KNBT and Nittany Bank divisions.
National Penn’s financial services affiliates are National Penn Wealth
Management, N.A., including its National Penn Investors Trust Company
division; National Penn Capital Advisors, Inc.; Institutional Advisors LLC;
National Penn Insurance Services Group, Inc., including its Higgins Insurance
division; and Caruso Benefits Group, Inc.
National Penn Bancshares, Inc. common stock is traded on the Nasdaq Stock
Market under the symbol “NPBC”. Please visit our Web site at
www.nationalpennbancshares.com to see our regularly posted material
National Penn Bancshares, Inc.
Catharine Bower, 610-369-6618
Teresa Steuer, 610-369-6291
Press spacebar to pause and continue. Press esc to stop.