Team Financial Raises Regular Quarterly Dividend to Shareholders 14%
December 01 2003 - 4:00PM
PR Newswire (US)
Team Financial Raises Regular Quarterly Dividend to Shareholders
14% PAOLA, Kan., Dec. 1 /PRNewswire-FirstCall/ -- Team Financial,
Inc. (the Company) today announced that its Board of Directors has
increased the Company's regular quarterly cash dividend 14% from
$.07 per common share to $.08 per common share. The dividend is
payable January 20, 2004 to shareholders of record on December 31,
2003. Team Financial, Inc. has paid cash dividends on its common
stock for 16 consecutive years. Team Financial, Inc. is a financial
services company with $633 million in total assets. It operates in
the Kansas City metropolitan area, southeastern Kansas, western
Missouri, the Omaha, Nebraska metropolitan area, the Tulsa,
Oklahoma metropolitan area, and in Colorado Springs, Colorado. The
Company offers a full range of consumer and corporate banking
services, including small business loans, mortgage loans, employee
benefit insurance services, property and casualty insurance
services, trust services, and investment and brokerage services.
For additional information on Team Financial, Inc., visit its Web
site at http://www.teamfinancialinc.com/ or call 800-880-6262, ext.
2172. This press release contains forward-looking statements under
the Private Securities Litigation Reform Act of 1995 that are
subject to certain risks and uncertainties that could cause actual
results to differ materially from historical income and those
presently anticipated or projected. The Company cautions readers
not to place undue reliance on any such forward looking statements,
which speak only as of the date of this release. Such risks and
uncertainties include those detailed in the Company's filings with
the Securities and Exchange Commission, risks of adversely changing
results of operations, risks related to the Company's acquisition
strategy, risk of loans and investments, including the effect of
the change of the local economic conditions, risks associated with
the adverse effects of the changes in interest rates, and
competition for the Company's customers by other providers of
financial services, all of which are difficult to predict and many
of which are beyond the control of the Company. DATASOURCE: Team
Financial, Inc. CONTACT: Michael L. Gibson, President of
Investments-CFO of Team Financial, Inc., +1-800-880-6262 Extension
305, Web site: http://www.teamfinancialinc.com/
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