Harleysville National Corporation Declares Cash Dividend
November 08 2007 - 1:53PM
PR Newswire (US)
HARLEYSVILLE, Pa., Nov. 8 /PRNewswire-FirstCall/ -- The Board of
Directors of Harleysville National Corporation (NASDAQ:HNBC)
declared a regular cash dividend of $.20 per share on 31,266,009
shares of outstanding common stock which anticipates the shares to
be issued in connection with the acquisition of East Penn. The
dividend is payable December 14, 2007, to shareholders of record on
November 30, 2007. "We are pleased to provide this cash dividend to
reward our loyal shareholders," said Paul Geraghty, President and
CEO. "Total cash dividends paid and declared during 2007 were $.80
per share, a 6.4% increase from the $.752 per share paid last year.
Harleysville National Corporation, with assets of $3.4 billion, is
the holding company for Harleysville National Bank (HNB).
Investment Management and Trust Services are provided through
Millennium Wealth Management, a division of HNB, with assets under
management of $3.3 billion. Harleysville National Corporation stock
is traded under the symbol "HNBC" and is commonly quoted on the
NASDAQ Global Select Market(R). For more information, visit the
Harleysville National Corporation website 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 Corporation'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 Corporation's
filings with the Securities and Exchange Commission. DATASOURCE:
Harleysville National Corporation CONTACT: Paul D. Geraghty,
President and CEO of Harleysville National Corporation,
+1-215-513-2391 Web site: http://www.harleysvillebank.com/
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