Harleysville National Corporation Declares Cash Dividend
February 14 2005 - 8:38AM
PR Newswire (US)
Harleysville National Corporation Declares Cash Dividend
HARLEYSVILLE, Pa., Feb. 14 /PRNewswire-FirstCall/ -- The Board of
Directors of Harleysville National Corporation (HNC) (NASDAQ:HNBC)
declared a regular cash dividend for the first quarter of 2005 of
$.18 per share on 26,237,709 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 March 15,
2005, to shareholders of record February 28, 2005. "We are pleased
to provide this great start to 2005 for our shareholders," said
Walter E. Daller Jr., Chairman and CEO. "Our strong financial
performance, as well as an improving economy, makes us optimistic
for the coming year." Harleysville National Corporation, with
assets of $3.02 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
$1.5 billion. Cumberland Advisors, Inc., a registered investment
advisor specializing in fixed-income money management and equities,
using exchange- traded funds, is a subsidiary of Harleysville
National Bank and 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 Web
site 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: Walter E. Daller Jr.,
Chairman and CEO, +1-215-256-8851 ext. 2300, or Gregg J. Wagner,
President, +1-215-256-8851 ext. 2391, both of Harleysville National
Corporation Web site: http://www.hncbank.com/
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