HERMITAGE, Pa., Aug. 16 /PRNewswire-FirstCall/ -- The Board of Directors of F.N.B. Corporation today approved a quarterly cash dividend on its common stock of 23.5 cents per share. The dividend is payable on September 15, 2006, to shareholders of record as of the close of business on September 1, 2006.
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"This dividend continues F.N.B. Corporation's commitment to a high- yielding cash dividend," said Stephen Gurgovits, President and Chief Executive Officer of F.N.B. Corporation. "In fact, F.N.B. pays one of the highest dividend yields among bank holding companies our size in the United States."
About F.N.B. Corporation:
F.N.B. Corporation, headquartered in Hermitage, PA has total assets of $6.1 billion. F.N.B. is a leading provider of banking, wealth management, insurance, merchant banking and consumer finance services in Pennsylvania and Ohio, where it owns and operates First National Bank of Pennsylvania, including its Legacy Bank and Legacy Trust Company Divisions, First National Trust Company, First National Investment Services Company, LLC, F.N.B. Investment Advisors, Inc., First National Insurance Agency, LLC, F.N.B. Capital Corporation, LLC, and Regency Finance Company. It also operates consumer finance offices in Tennessee and loan production offices in Florida.
Mergent Inc., a leading provider of business and financial information about publicly traded companies, has recognized F.N.B. Corporation as a Dividend Achiever. This annual recognition is based on the Corporation's outstanding record of increased dividend performance. The Corporation has consistently increased dividend payments for 33 consecutive years.
The common stock of F.N.B. Corporation trades on the New York Stock Exchange under the symbol FNB. Investor information is available on F.N.B.'s website at http://www.fnbcorporation.com/.
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