The board of directors of Susquehanna Bancshares, Inc. (Susquehanna) (NASDAQ: SUSQ) has declared a dividend of $0.07 per common share for the first quarter of 2013. Payment of the dividend will be accelerated and will occur in the fourth quarter of 2012. The dividend will be payable on December 31, 2012 to shareholders of record December 21, 2012.
“We are accelerating the payment of our first-quarter dividend due to the potential for change in tax rates that would apply to dividends in 2013,” said William J. Reuter, Chairman and Chief Executive Officer of Susquehanna. “Our board considers the dividend on a quarterly basis, and we are pleased to take this step to ensure that we are providing returns to our shareholders in an efficient manner.”
Susquehanna is a financial services holding company with assets of more
than $18 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 $7.8 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
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