BEO Bancorp Declares Quarterly Cash Dividend
June 20 2008 - 9:00AM
Business Wire
BEO Bancorp (OTCBB:BEOB), parent company of Bank of Eastern Oregon,
today announced that its Board of Directors declared a quarterly
cash dividend of $0.15 per share payable on or before July 15,
2008, to shareholders of record as of June 30, 2008. This is the
23rd year in a row the company has paid cash dividends. The board
will continue to review its dividend policy. Cash dividends, when
and if declared, will typically be paid in April, July, October,
and January. The Board will continue to review a wide range of
indicators including operating results, retained earnings, capital,
and general market conditions in making decisions on future
dividends. For further information on the Company or to access
Internet banking, please visit our website at
http://www.beobank.com. About BEO Bancorp BEO Bancorp is the
holding company for Bank of Eastern Oregon, which operates 11
branches and three loan production offices in nine eastern Oregon
counties. Branches are located in Arlington, Ione, Heppner, Condon,
Irrigon, Boardman, Burns, John Day, Prairie City, Fossil and Moro;
loan production offices are located in Hermiston, Enterprise, and
Ontario. Bank of Eastern Oregon also operates a mortgage division
and offers brokerage services through BEO Financial Services. The
bank�s website is www.beobank.com.
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