Posted on: Tuesday, April 30, 2002

CB Bancshares to pay dividend

The board of directors of CB Bancshares Inc. announced yesterday that shareholders will get a 10 percent stock dividend in addition to a cash dividend of 11 cents per common share for the second quarter.

The dividends are payable June 27 to shareholders of record as of June 14.

CB Bancshares is the parent company of City Bank, with $1.5 billion in assets and 21 branches on O'ahu, Maui and the Big Island.