Interchange Financial Services Declares Quarterly Dividend
17 Oktober 2006 - 3:15PM
Business Wire
On October 16, 2006, Interchange Financial Services Corporation
(NASDAQ:IFCJ), the holding company for Interchange Bank, declared a
quarterly cash dividend of $0.10 per common share payable on
November 7, 2006, to holders of record as of October 30, 2006. This
dividend represents $0.40 per share on an annualized basis. Based
upon the stock�s $22.80 closing price as quoted on October 16,
2006, the yield is 1.75%. About Interchange Headquartered in Saddle
Brook, N.J., Interchange Bank is New Jersey�s largest independent
bank serving Bergen and Essex Counties, and a wholly owned
subsidiary of Interchange Financial Services Corp. (NASDAQ:IFCJ).
With $1.6 billion in assets and 30 branches, Interchange Bank
offers innovative financial products and services to businesses and
retail customers. For additional information, please visit the
company�s Web site at www.interchangebank.com. "Safe Harbor"
Statement under the Private Securities Litigation Reform Act of
1995: Statements in this press release regarding Interchange
Financial's business which are not historical facts are
"forward-looking statements" that involve risks and uncertainties.
For a discussion of such risks and uncertainties, which could cause
actual results to differ from those contained in the
forward-looking statements, see "Risk Factors" in the Company's
Annual Report or Form 10-K for the most recently ended fiscal year.
On October 16, 2006, Interchange Financial Services Corporation
(NASDAQ:IFCJ), the holding company for Interchange Bank, declared a
quarterly cash dividend of $0.10 per common share payable on
November 7, 2006, to holders of record as of October 30, 2006. This
dividend represents $0.40 per share on an annualized basis. Based
upon the stock's $22.80 closing price as quoted on October 16,
2006, the yield is 1.75%. About Interchange Headquartered in Saddle
Brook, N.J., Interchange Bank is New Jersey's largest independent
bank serving Bergen and Essex Counties, and a wholly owned
subsidiary of Interchange Financial Services Corp. (NASDAQ:IFCJ).
With $1.6 billion in assets and 30 branches, Interchange Bank
offers innovative financial products and services to businesses and
retail customers. For additional information, please visit the
company's Web site at www.interchangebank.com. "Safe Harbor"
Statement under the Private Securities Litigation Reform Act of
1995: Statements in this press release regarding Interchange
Financial's business which are not historical facts are
"forward-looking statements" that involve risks and uncertainties.
For a discussion of such risks and uncertainties, which could cause
actual results to differ from those contained in the
forward-looking statements, see "Risk Factors" in the Company's
Annual Report or Form 10-K for the most recently ended fiscal year.
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