Coastal Financial Corporation Myrtle Beach, South Carolina Announces Quarterly Cash Dividend
2005年3月17日 - 5:54AM
PRニュース・ワイアー (英語)
Coastal Financial Corporation Myrtle Beach, South Carolina
Announces Quarterly Cash Dividend MYRTLE BEACH, S.C., March 16
/PRNewswire-FirstCall/ -- Coastal Financial Corporation
(NASDAQ:CFCP) today announced that the Corporation's Board of
Directors declared a four and one-half cent ($0.045) per share
dividend on the Company's common stock. The cash dividend will be
payable April 20, 2005 to Shareholders of record as of April 6,
2005. Coastal Financial Corporation, headquartered in Myrtle Beach,
South Carolina, offers a broad range of commercial, consumer and
mortgage financial services through two subsidiaries, Coastal
Federal Bank and Coastal Retirement, Estate and Tax Planners, Inc.
Coastal Federal with over $1.4 billion in consolidated assets, is a
federally chartered and FDIC insured community bank with nineteen
offices serving the communities of Horry and Georgetown Counties,
South Carolina and Brunswick and New Hanover Counties, North
Carolina. Coastal Retirement, Estate and Tax Planners offers
professional, objective, fee-based financial planning services.
Additional information about Coastal Federal is available on its
web site at http://www.coastalfederal.com/ . Stock Trading
Information The common stock of Coastal Financial Corporation is
traded on the Nasdaq Stock Market under the symbol "CFCP." For
information contact, Raymond James Financial Services at
1-843-918-7600, Herzog, Heine, Geduld, Inc. at 1-800-523-4936,
Knights Securities at 1-212-336-8690, Spear, Leeds & Kellogg at
1-800-526-3160 or Trident Securities at 1-800-340-6321. Dividend
Reinvestment Plan Coastal Financial Corporation offers Shareholders
a convenient Dividend Reinvestment Plan for automatic reinvestment
of dividends in the common stock of the Company. Additional cash
contributions, up to $1,000 per quarter, can be made to purchase
additional shares through this Plan. For more information, contact
the Transfer Agent at 1-800-866-1340, Ext. 2514, or Investor
Relations. Shareholder Services Shareholders desiring to enroll in
the Coastal Financial Corporation Dividend Reinvestment Plan,
change the name, address, or ownership of their stock certificates,
report lost or stolen certificates, or consolidate accounts should
contact the Transfer Agent at 1-800-866-1340, Ext. 2514, or
Investor Relations. Investor Relations Analysts, investors and
others seeking financial information should contact: Susan J. Cooke
- Senior Vice President and Secretary Coastal Financial Corporation
2619 Oak Street Myrtle Beach, South Carolina 29577 (843) 205-2676
Forward Looking Statements This news release may contain certain
"forward-looking statements" within the meaning of Section 27A of
the Securities Exchange Act of 1934, as amended, that represent
Coastal Financial Corporation's (The "Company") expectations or
beliefs concerning future events. Such forward-looking statements
are about matters that are inherently subject to risks and
uncertainties. Factors that could influence the matters discussed
in certain forward-looking statements include the timing and amount
of revenues that may be recognized by the Company, continuation of
current revenue and expense trends (including trends affecting
charge-offs), absence of unforeseen changes in the Company's
markets, legal and regulatory changes, and general changes in the
economy (particularly in the markets served by the Company).
Because of the risks and uncertainties inherent in forward looking
statements, readers are cautioned not to place undue reliance on
them, whether included in this news release or made elsewhere from
time to time by the Company or on its behalf. The Company disclaims
any obligation to update such forward-looking statements. In
addition, statements in this news release regarding historical
stock price performance are not indicative of or guarantees of
future price performance. DATASOURCE: Coastal Financial Corporation
CONTACT: Susan J. Cooke, Corporate Secretary of Coastal Financial
Corporation, +1-843-205-2676 Web site:
http://www.coastalfederal.com/
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Coastal Financial (NASDAQ:CFCP)
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