BankGuam Holding Company Announces Board Changes; Declares Quarterly Cash Dividend on its Common Stock and on its 5.50% Fixed Rate/Floating Rate Noncumulative Preferred Stock, Series A, Payable on March 29, 2019
March 01, 2019 at 04:32 pm IST
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On February 25, 2019, the board of directors of BankGuam Holding Company appointed Maria Eugenia H. Leon Guerrero (M. Leon Guerrero) as a member of the Board as a Class III director to fulfill the term of Lourdes A. Leon Guerrero (L. Leon Guerrero), who resigned effective December 31, 2018. M. Leon Guerrero was also appointed to serve as a member of the Stock Purchase Plan committee of the Board of Directors of the company.
At its meeting on February 25, 2019, the Board of Directors of the company declared a quarterly cash dividend of $0.10 per share for the holders of its common stock and a dividend payment to the holders of the company's 5.50% Fixed Rate/Floating Rate Noncumulative Preferred Stock, Series A. The dividends will be paid on March 29, 2019 to shareholders of record on March 15, 2019.
BankGuam Holding Company is a Guam-based bank holding company. The Companyâs subsidiaries include Bank of Guam (the Bank), BankGuam Investment Services (BGIS) and ASC Trust LLC. The Company provides a range of banking services through the Bank. The Bank provides a range of financial services to individuals, businesses, and government entities through its branch network. The Bankâs primary deposit products are demand deposits, savings and time certificates of deposit, and its primary lending products are consumer, commercial and real estate loans. The Bank also provides many other financial services to its customers, including trade financing and trust services. The Bank operates through 17 full-service branch offices. It also offers credit life, health, auto and homeownersâ insurance through BGIS, as agents for various insurance companies. BGIS is an investment company. BGIS is primarily involved in providing investment advisory services and trading securities for its customers.
BankGuam Holding Company Announces Board Changes; Declares Quarterly Cash Dividend on its Common Stock and on its 5.50% Fixed Rate/Floating Rate Noncumulative Preferred Stock, Series A, Payable on March 29, 2019