PVN no split
Providian Financial Corporation Declares
Quarterly Dividend; Announces Directors
Re-Elected and Increase in Authorized
Common Stock Approved
PR Newswire - May 11, 1999 21:49
SAN FRANCISCO, May 11 /PRNewswire/ -- Providian Financial
Corporation (NYSE: PVN) today declared a quarterly cash dividend on its
common stock of five cents per share. The dividend will be payable on
June 15, 1999 to shareholders of record at the close of business on June 1,
1999.
Providian also announced that its shareholders re-elected three directors,
Christina L. Darwall, Ruth M. Owades and John L. Weinberg, to
three-year terms at its annual meeting of shareholders held today, and
approved the proposed increase in the number of authorized shares of its
common stock.
Providian Financial Corporation ( providian.com ) is a leading
provider of lending and deposit products to customers nationwide. With
$16 billion in assets under management and nine million customers,
Providian Financial serves a broad, diversified market with loan products
that include credit cards, revolving lines of credit, home equity loans,
secured cards and fee-based services. San Francisco-based Providian
Financial is one of the ten largest bankcard issuers in the nation, and in
1998 ranked as the seventh best performing stock in the S&P 500 and the
single best performing stock in the S&P Financial Composite Index.
SOURCE Providian Financial Corp.
/CONTACT: media, Laurie Cole, 415-278-4844, or investors, Nancy
Math,
415-278-4483, or Jack Carsky, 415-278-4977, all of Providian Financial
Corp./
/Web site: providian.com |
