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Bank of Guam declares 1Q dividends
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Posted on Mar 30 2000
The Bank of Guam Board of Directors on Monday authorized the payment of common stock dividends for the first quarter of the year ending March 31, 2000 at $0.10 per share.
BOG President and Chief Executive Officer Anthony A. Leon Guerrero said the quarterly dividend payment reflects the continuing profitable performance and strong capital base of the Bank of Guam.
Mr. Leon Guerrero pointed out that BOG has been able to maintain its profitable performance despite current economic difficulties, with profits in the first quarter of the year inching higher than the year-ago earnings.
“The continued support of our customers, as well as the attentive efforts of our management and staff, have made it possible to maintain our rate of dividends to our current shareholders,” he said.
The first quarter payment of regular dividends will be for common stock shareholders of record as of March 31, 2000.
Bank of Guam took over Bank of America in November 1980. It’s first branch was in Susupe which the company recently transferred to Price Costco in San Jose village.
The bank has three branches on Saipan with six on-site and off-site Automated Teller Machines excluding one cash dispenser installed in McDonald’s Restaurant.
The company’s Price Costco branch is open from Monday to Sunday on extended, full operation hours. It is open for full-banking transactions from 10:00 a.m. to 8:00 p.m. on weekdays; from 9:00 a.m. to 5:00 p.m. on Saturdays; and from 11:00 a.m. to 3:00 p.m. every Sunday.
