National Penn Bancshares, Inc. (Nasdaq: NPBC) announced today that it has declared a first quarter cash dividend of ten cents per common share payable to shareholders of record as of February 1, 2014. The cash dividend will be paid February 14, 2014.
“Our capital base affords National Penn a position of strength for future growth, while providing the opportunity to return capital to our shareholders,” said Scott V. Fainor, president and CEO of National Penn.
About National Penn Bancshares, Inc.:
National Penn Bancshares, Inc., with approximately $8.4 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.