Omega Added to NASDAQ Dividend Achievers Index
January 31 2007 - 3:51PM
PR Newswire (US)
STATE COLLEGE, Pa., Jan. 31 /PRNewswire-FirstCall/ -- Omega
Financial Corporation (NASDAQ:OMEF) has been selected for the
NASDAQ's Dividend Achievers Index effective with the market open on
Thursday, February 1, 2007. (Logo:
http://www.newscom.com/cgi-bin/prnh/19990921/OMFCLOGO ) Omega joins
20 other companies new to this year's list that have met the
dividend payment requirements as well as additional liquidity
criteria as determined by Mergent, Inc., a leading provider of
business and financial data on global publicly listed companies.
The NASDAQ Dividend Achievers Index was launched in February of
2006 in recognition of the growing appetite for dividend-focused
investing. The Index is designed to offer a unique approach for
NASDAQ investors seeking a long- term portfolio with higher returns
adjusted for market risk. Members of this index are typically
companies with strong cash reserves, solid balance sheets and a
proven record of consistent earnings growth. A total of 99
companies make up this year's index, which is calculated using a
market capitalization weighting methodology. "We are proud to have
achieved this distinction of being named to NASDAQ's Dividend
Achievers Index for 2007," said Donita R. Koval, president and
chief executive officer of Omega Financial. "I think it reflects
well on the efforts of our entire organization to consistently
offer dividend-focused investors a strong performance year after
year." Omega Financial is the parent of Omega Bank, which serves
Central and Northeastern Pennsylvania through a retail network of
more than 60 offices in 13 Pennsylvania counties. NASDAQ is the
largest U.S. electronic stock market. With approximately 3,200
companies, it lists more companies and, on average, its systems
trade more shares per day than any other U.S. market. NASDAQ is
home to companies that are leaders across all areas of business
including technology, retail, communications, financial services,
transportation, media and biotechnology. CONTACT: Teresa Ciambotti,
SVP, Director of Investor Relations (814) 231-6401
http://www.newscom.com/cgi-bin/prnh/19990921/OMFCLOGO
http://photoarchive.ap.org/ DATASOURCE: Omega Financial Corporation
CONTACT: Teresa Ciambotti, SVP, Director of Investor Relations, of
Omega Financial Corporation, +1-814-231-6401 Web site:
http://www.omegafinancial.com/
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