HIGH POINT, N.C.
Jan. 24, 2013
/PRNewswire/ -- The Board of Directors of BNC Bancorp (NASDAQ: BNCN), the parent company of Bank of
, has declared a dividend on its common stock of
per share payable
February 22, 2013
to shareholders of record as of
, 2013. The holder of our Series B Preferred Stock will also receive the same dividend with respect to each share of Series B Preferred Stock. The
per share dividend rate is the same as the rate declared in the comparable period of 2012. Based on the closing price of
January 22, 2013
, the annualized dividend yield is currently 2.27%.
About BNC Bancorp and Bank of North Carolina
BNC Bancorp, headquartered in
High Point, North Carolina
, is the parent company of Bank of
, a commercial bank with approximately
in total assets. Bank of
provides banking and financial services to individuals and businesses through its 35 full-service banking offices in North and South Carolina. Bank of
is insured by the FDIC and is an equal housing lender. BNC Bancorp's common stock is quoted in the NASDAQ Capital Market under the symbol "BNCN."
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SOURCE BNC Bancorp