National Penn Bancshares, Inc. (Nasdaq: NPBC) announced today that it has declared a third quarter cash dividend of ten cents per common share payable to shareholders of record as of August 3, 2013. The cash dividend will be paid August 16, 2013.
“The consistency of our financial performance and focus on maintaining the strength of our balance sheet has allowed us to provide a strong return of capital to our shareholders,” said Scott V. Fainor, president and CEO of National Penn. “We are pleased to be able to continue to do so with the declaration of our third quarter dividend while remaining focused on prudently managing our capital to enhance overall shareholder value.”
About National Penn Bancshares, Inc.:
National Penn Bancshares, Inc., with approximately $8.3 billion in assets, is a bank holding company based in Pennsylvania. Headquartered in Boyertown, National Penn Bank operates 120 branch offices comprising 119 branches in Pennsylvania and one branch in Maryland.National Penn’s financial services affiliates are National Penn Wealth Management, N.A., including its National Penn Investors Trust Company division; National Penn Capital Advisors, Inc.; Institutional Advisors LLC; and National Penn Insurance Services Group, Inc., including its Higgins Insurance and Caruso Benefits Group divisions. National Penn Bancshares, Inc. common stock is traded on the Nasdaq Stock Market under the symbol “NPBC”. Please visit our Web site at www.nationalpennbancshares.com to see our regularly posted material information.