Commercial National Financial Corporation (Nasdaq:CNAF) parent company of Commercial Bank & Trust of PA, has declared a quarterly dividend of $0.26 per share payable September 2 to shareholders of record as of August 26. President and Chief Executive Officer Gregg E. Hunter commented, "Recent years have been challenging for the banking industry. Many banks have been compelled to accept various types of earnings diverting preferred equity infusions from the United States Treasury. Alternatively, some banks have elected to sell new shares into private hands to maintain sufficient capital adequacy even though such sales significantly dilute and diminish the ownership interests of pre-existing shareholders.
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(CNAF, CMRG, CLNO, THRX) Stock Highlights by PennyOmega.com
August 29th, 2011 at 01:14 pm