WELLS FARGO Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : WELLS FARGO

WFC 86.97

+1.1%

Oct 31 9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: David C. Burns who wrote (1231)	7/21/1999 2:30:00 PM
From: Gregg	of 1281

HIB ran up on Tuesday exceeding the average daily volume. Another rumor of a "Buyout" hit yesterday. The price will be around $28-$32 a share. Can anyone tell me if this deal will happen. Someone said any day. If this is true, it might explain the run yesterday. HIB is one of the largest banks in it's area. See News Release Today. Hibernia Declares Cash Dividend of 10.5 Cents Per Common Share NEW ORLEANS--(BUSINESS WIRE)--July 21, 1999--Hibernia Corporation's (NYSE: HIB - news) board of directors today declared a quarterly cash dividend of 10.5 cents per common share, payable August 20, 1999, to shareholders of record August 2, 1999. This results in a quarterly dividend payout ratio of more than 36%. Hibernia is a $14.7-billion-asset organization with 250 banking locations in 33 Louisiana parishes and 13 Texas counties. It is first, second or third in deposit share in 31 Louisiana parishes and six Texas counties. Hibernia's Louisiana markets represent approximately 80% of the state's population and 84% of its deposits. Its Louisiana deposit share is 21.5%.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next