Surry Business

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Surrey Bancorp will pay first stock dividend

November 1st, 2007 · No Comments

The Surrey Bancorp Board of Directors has approved a special cash dividend of 15 cents per share of common stock. The dividend is payable Jan. 2, 2008, to shareholders of record as of Dec. 10, 2007.

This is the first time the Surrey Bancorp board has declared a cash dividend. Edward C. “Ted” Ashby, president and CEO, said, “The decision to pay a special dividend was made in recognition of the company’s strong financial performance during 2007.”

Surrey Bancorp (SRYB.OB) in Mount Airy, N.C., is the bank holding company for Surrey Bank & Trust. The bank operates full-service branch offices at 145 N. Renfro St., 1280 W. Pine St. and 2050 Rockford Street in Mount Airy; 653 S. Key St. in Pilot Mountain, N.C.; and 303 S. Main St. in Stuart, Va.

Tags: Businesses · Finance

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