R&G Financial Announces Quarterly Cash Dividend for the Second Quarter of 2005
SAN JUAN, Puerto Rico, August 1 /PRNewswire-FirstCall/ -- R&G Financial Corporation (NYSE:RGF) (the "Company") announced today that its Board of Directors has declared the Company's quarterly cash dividend for the quarter ended June 30, 2005, of $0.1260 per share ($0.5040 on an annualized basis) on the Company's common stock, payable on September 22, 2005, to stockholders of record as of the close of business on September 16, 2005.
The dividend payment for the quarter ended June 30, 2005, represents the 35th consecutive quarterly dividend payment of the Company.
The Company, currently in its 33rd year of operations, is a diversified financial holding company with operations in Puerto Rico and the United States, providing banking, mortgage banking, investments, consumer finance and insurance through its wholly owned subsidiaries R-G Premier Bank of Puerto Rico, a Puerto Rico commercial bank; R-G Crown Bank, its Florida-based federal savings bank; R&G Mortgage Corp., Puerto Rico's second largest mortgage banker; Mortgage Store of Puerto Rico, Inc., a subsidiary of R&G Mortgage; Continental Capital Corporation, R&G Financial's New York and North Carolina based mortgage banking subsidiary; R-G Investments Corporation, the Company's Puerto Rico broker-dealer; and Home and Property Insurance Corporation, its Puerto Rico insurance agency. The Company operates 33 bank branches in Puerto Rico, 15 bank branches in the Orlando and Tampa/St. Petersburg Florida markets, and 56 mortgage offices in Puerto Rico, including 27 facilities located within R-G Premier's banking branches. DATASOURCE: R&G Financial Corporation CONTACT: Victor J. Galan, Chairman and CEO, +1-787-766-8301, or Joseph R. Sandoval, Executive Vice President & CFO, +1-787-756-2802, both of R&G Financial Corporation Web site: http://www.rgonline.com/
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