Delphi Automotive to
pay 17-cent dividend
TROY, Mich. - Delphi Automotive PLC said Tuesday that it will start paying a quarterly cash dividend.
The auto supplier said its board declared a dividend of 17 cents. The dividend will be paid on March 27 to shareholders of record as of March 15.
The dividend marks Delphi's first since the company emerged from bankruptcy protection in 2009 and then went public in 2011.
Rodney O'Neal, Delphi's CEO and president, said the move reflects management's confidence in the company's business and its commitment to boosting value for shareholders.
Delphi shares rose 37 cents to $38.50 in morning trading Tuesday. The stocks are nearing the upper end of their 52-week range of $24.86 to $40.32.
HERMITAGE, Pa. - FNB Corp. has announced a quarterly cash dividend of 12 cents per share on its common stock. The dividend is payable March 15 to shareholders of record on March 4.
FNB Corp. is a diversified financial services company with total assets of $12 billion. The common stock of FNB Corp. trades on the New York Stock Exchange under the symbol FNB.
First Niles holds steady;
Cortland up in trading
First Niles Financial dropped a dime Tuesday to $7.08 a share. First Place Financial Corp. closed at $0.0040 per share, and Cortland Bancorp held steady at $10.55 a share.
First Niles Financial declares stock dividend
NILES - First Niles Financial Inc., the parent company of Home Federal Savings and Loan Association of Niles, has announced a cash dividend of $.08 per share on common stock and $.09 per share on preferred class A stock for the first quarter of 2013.
The dividend will be payable March 22 to shareholders of record on March 8.
Home Federal primarily serves the Niles area. Home Federal ended the year exceeding all its applicable regulatory capital requirements.
First Niles had $102.2 million in assets and $13.1 million in stockholders equity as of Dec. 31. The stock of First Niles is traded on the Nasdaq Over-the-Counter Bulletin Board under the symbol FNFI.