The board of directors of Susquehanna Bancshares, Inc. (Susquehanna) (NASDAQ: SUSQ) has declared a third quarter dividend of $0.06 per common share, payable on August 20, 2012 to shareholders of record July 31, 2012. This represents an increase of $0.01 from the second quarter dividend of $0.05.
“We are pleased to again increase the dividend to our shareholders as Susquehanna continues to recognize the benefits of our recent acquisitions and improving core operating performance,” said William J. Reuter, Susquehanna’s Chairman and Chief Executive Officer.
Susquehanna expects to release second quarter 2012 financial results on July 25, 2012. The earnings press release will be posted under “News” in the Investor Relations section of Susquehanna’s Web site at www.susquehanna.net on the same date. Susquehanna also announced it will broadcast its second quarter 2012 conference call over the Internet on July 26, 2012, at 11:00 a.m. Eastern time. The conference call will include management’s discussion of second quarter 2012 results and may also include forward-looking information and financial goals. Investors will have the opportunity to listen to the conference call through a live broadcast on Susquehanna’s Web site. The event may be accessed by selecting "Investor Relations" near the top right of the home page then “Overview” and clicking on the second quarter webcast link. To listen to the live call, please go to the Web site at least 15 minutes prior to the scheduled start time to download and install any necessary audio software. For those who are unable to listen to the live broadcast, an archived replay and podcast will be available on the Web site shortly after the call concludes.
Susquehanna is a financial services holding company with assets of greater than $17.5 billion. Headquartered in Lititz, Pa., the company provides banking and financial services at 261 branch locations in the mid-Atlantic region. Through Susquehanna Wealth Management, the company offers investment, fiduciary, brokerage, insurance, retirement planning, and private banking services, with approximately $7.6 billion in assets under management and administration. Susquehanna also operates an insurance brokerage and employee benefits company, a commercial finance company and a vehicle leasing company. Investor information is available through Susquehanna’s Web site at www.susquehanna.net.