To: Jenna who wrote (39439 ) 5/12/1999 12:58:00 AM From: stockvalinvestor Read Replies (1) | Respond to of 120523
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