Business Services Industry
Bank of Marin Announces Cash Dividend
Business Wire, Nov 11, 2006
CORTE MADERA, Calif. -- Bank of Marin (NASDAQ:BMRC) President and CEO Russell A. Colombo announced that on Thursday, November 9, 2006, the Bank's Board of Directors declared a cash dividend of $0.12 per share. The cash dividend is payable on November 22, 2006 to shareholders of record at the close of business on November 17, 2006.
"We are pleased to continue our cash dividend for the sixth consecutive quarter, providing a solid return on investment to our shareholders," said Russell Colombo.
This release may contain certain forward-looking statements that are based on management's current expectations regarding economic, legislative, and regulatory issues that may impact the Bank's earnings in future periods. Forward-looking statements can be identified by the fact that they do not relate strictly to historical or current facts. They often include the words "believe," "expect," "intend," "estimate" or words of similar meaning, or future or conditional verbs such as "will," "would," "should," "could" or "may." Factors that could cause future results to vary materially from current management expectations include, but are not limited to, general economic conditions, changes in interest rates, deposit flows, real estate values, and competition; changes in accounting principles, policies or guidelines; changes in legislation or regulation; and other economic, competitive, governmental, regulatory and technological factors affecting the Bank's operations, pricing, products and services. These and other important factors are detailed in various Federal Deposit Insurance Corporation filings made periodically by the Bank, copies of which are available from the Bank without charge. The Bank undertakes no obligation to release publicly the result of any revisions to these forward-looking statements that may be made to reflect events or circumstances after the date of this press release or to reflect the occurrence of unanticipated events.
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