National Penn Bancshares, Inc. (Nasdaq: NPBC) announced today that it has declared a fourth quarter cash dividend of ten cents per common share payable to shareholders of record as of November 2, 2013. The cash dividend will be paid November 15, 2013.
“We are pleased that our consistent operating performance and the strength of our balance sheet provide us with the ability to declare this dividend,” said Scott V. Fainor, president and CEO of National Penn. “This action is reflective of National Penn’s long-standing philosophy of returning capital to our shareholders.”
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.