Posted at 1:32 p.m., Tuesday, October 28, 2003
CB Bancshares to pay dividend
Advertiser Staff
City Bank parent CB Bancshares Inc. today said it would pay a cash dividend of 36 cents per share on Dec. 29 to shareholders as of Dec. 15.The dividend reflects CB Bancshares "solid third-quarter performance," said Ronald Migita, president and CEO. The bank, Hawai'i’s fifth largest, earned $5.5 million in the last quarter, more than double a year ago.
The 36-cent dividend matches what the bank paid last quarter, when it increased its payout from 11 cents.
