PAB Bankshares, Inc. Announces Third Quarter 2005 Dividend
30 August 2005 - 10:30PM
Business Wire
On Tuesday, August 30, 2005, the Board of Directors for PAB
Bankshares, Inc. (AMEX: PAB) approved a quarterly dividend in the
amount of $0.12 per share payable on October 14, 2005 to the
Company's stockholders of record as of September 30, 2005. The
dividend for the third quarter is in line with the $0.12 per share
dividend paid for the previous quarter, and it is a 20% increase
compared to the $0.10 per share dividend paid for the third quarter
of 2004. The Company's sole operating subsidiary bank, The Park
Avenue Bank, operates 17 branch offices and three loan production
offices in Valdosta, Adel, Athens, Atlanta, Bainbridge, Baxley,
Cairo, Hazlehurst, McDonough, Oakwood, Statesboro, and Stockbridge,
Georgia, and in Ocala and St. Augustine, Florida. Additional
information on the products and services offered by The Park Avenue
Bank is available on the Internet at www.parkavebank.com.
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