First Security Corp. has declared a regular quarterly cash dividend of 32 cents per common share payable Dec. 4 to shareholders of record Nov. 17. The dividend, which was raised for the second time in 10 months in July, is now equivalent to $1.28 per share on an annual basis.
View Comments
A semiannual dividend on the company's preferred stock in the amount of $1.57 1/2 per share will be paid Jan. 15 to stockholders of record Jan. 1.First Security Corp. previously reported record third quarter income of $11.32 million, its best quarterly income performance in seven years. Earnings for the first nine months of 1989 were $31.57 million, or 30.5 percent above the $24.19 million earned during the first three quarters of 1988.