Franklin Financial Corporation Announces Quarterly Dividend
11 March 2004 - 9:58AM
PR Newswire (US)
Franklin Financial Corporation Announces Quarterly Dividend
FRANKLIN, Tenn., March 10 /PRNewswire-FirstCall/ -- Franklin
Financial Corporation (FFC), the parent company of Franklin
National Bank, has declared a $.0625 per share first quarter
dividend to its shareholders, according to FFC Chairman, President
& CEO Gordon E. Inman. The record date for the cash dividend is
March 19, 2004, with payment scheduled for April 7, 2004. Gordon E.
Inman, Chairman, President & CEO, Franklin Financial
Corporation, comments, "Franklin Financial Corporation is pleased
to post our 22nd consecutive quarterly cash dividend. I am so proud
of the performance of our company, and I thank our dedicated
employees and loyal customers that make our company successful."
Franklin Financial Corporation is a financial services holding
company and the parent company of Franklin National Bank, Franklin
Financial Mortgage and Franklin Financial Securities. The common
stock of Franklin Financial Corporation is listed on the Nasdaq
National Market under the symbol "FNFN". The corporate website is
located on the Internet at http://www.fnfn.net/ . Franklin National
Bank operates nine retail branches in Williamson, Davidson and
Maury counties and can be found on the Internetat
http://www.franklinnetbranch.com/ . As previously announced,
Franklin Financial Corporation has entered into an agreement to be
acquired by Fifth Third Bancorp (NASDAQ:FITB) in a merger. The
parties expect to complete the merger during the second quarter of
2004. The merger is subject to regulatory and shareholder approval.
THE STATEMENTS CONTAINED IN THIS RELEASE WHICH ARE NOT HISTORICAL
FACTS ARE FORWARD-LOOKING STATEMENTS MADE PURSUANT TO THE SAFE
HARBOR PROVISIONS OF THE PRIVATE SECURITIES LITIGATION REFORM ACT
OF 1995. FORWARD-LOOKING STATEMENTS DESCRIBING FRANKLIN FINANCIAL
CORPORATION'S FUTURE PLANS, PROJECTIONS, STRATEGIES AND
EXPECTATIONS, ARE BASED ON ASSUMPTIONS AND INVOLVE A NUMBER OF
RISKS AND UNCERTAINTIES, MANY OF WHICH ARE BEYOND FRANKLIN
FINANCIAL CORPORATION'S CONTROL. ACTUAL RESULTS COULD DIFFER
MATERIALLY FROM THOSE PROJECTED DUE TO CHANGES IN INTEREST RATES,
COMPETITION IN THE INDUSTRY, CHANGES IN LOCAL AND NATIONAL ECONOMIC
CONDITIONS AND VARIOUS OTHER FACTORS. ADDITIONAL INFORMATION
CONCERNING SUCH FACTORS, WHICH COULD AFFECT FRANKLIN FINANCIAL
CORPORATION, IS CONTAINED IN FRANKLIN FINANCIAL CORPORATION'S
FILINGS WITH THE SECURITIES AND EXCHANGE COMMISSION. DATASOURCE:
Franklin Financial Corporation CONTACT: Kristy Williams,
+1-615-595-5531, or David McCurrach, +1-615-591-1059, both of
Franklin Financial Corporation Web site:
http://www.franklinnetbranch.com/ http://www.fnfn.net/
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