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10/26/2012 | Press release
distributed by noodls on 10/29/2012 10:22
News Release - October 26, 2012
Franklin Financial Services Corporation
Kenneth C. Ditzler (717) 261-3665
Franklin Financial announces regular 4th Quarter dividend
(CHAMBERSBURG, PA) The Board of Directors of
Franklin Financial Services
Corporation declared a $.17 per share regular cash dividend
for the fourth quarter of
2012.
This compares to a regular quarterly cash dividend of $.17
paid in the third quarter of 2012 and a $.27 per share
quarterly cash dividend in the fourth quarter of
2011. The quarterly dividend of $.17 per share for the fourth
quarter 2012 represents a 5.4% dividend yield based upon the
closing price on October 25 of
$14.40 per share.
Total regular cash dividends paid during 2012 will be $.78
per share, compared to $1.08 per share paid during 2011. The
fourth quarter cash dividend will be paid on November 28,
2012 to shareholders of record at the close of business on
November 9.
Franklin Financial is the largest independent, locally owned
and operated bank holding company headquartered in Franklin
County with assets of approximately $1.06 billion. Its
wholly-owned subsidiary, F&M Trust, has twenty- five
community banking offices located throughout Cumberland,
Franklin, Fulton, and Huntingdon Counties in Boiling Springs,
Carlisle, Camp Hill, Chambersburg, Greencastle, Hustontown,
Marion, McConnellsburg, Mont Alto, Newville, Orbisonia,
Shippensburg, St. Thomas, Warfordsburg and Waynesboro. The
bank will add to its community banking network in November
when the Mechanicsburg Office opens its doors. Franklin
Financial stock is listed on the over- the-counter market
under the symbol FRAF (OTCQB: FRAF).
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