AccessMyLibrary provides FREE access to over 30 million articles from top publications available through your library.

The Providence Journal, R.I., business notes column.

Knight Ridder/Tribune Business News

| August 01, 2004 | COPYRIGHT 2004 Knight-Ridder/Tribune Business News. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

By John Kostrzewa, The Providence Journal, R.I. Knight Ridder/Tribune Business News

Aug. 1--PENSION FUND GETTING NICE BONUS FROM MICROSOFT: The Rhode Island pension fund will get an unexpected, pre-Christmas gift of almost $1 million because of Microsoft's decision to pay a special $3-a-share dividend on its stock.

The fund held 311,600 shares of Microsoft stock, with a market value of $8.9 million, in its core holdings portfolio as of June 30. Microsoft is the biggest holding by market value among the fund's domestic equity holdings, according to a listing from the Rhode Island State Investment Commission.

The $3-a-share dividend, payable Dec. 2 to shareholders as of Nov. 17, means the fund will get $934,800 in dividends. The portfolio managers will decide what to do with it, but the money will probably be reinvested.

"The fund will benefit but it's not a windfall," said Joan Caine, state deputy treasurer for finance. She pointed out that the ...

Related articles from newspapers, magazines, journals, and more
Washington Trust to Acquire First Financial Corp.
Press release article from: PR Newswire November 13, 2001 700+ words
...Nov. 13 /PRNewswire/ -- Washington Trust Bancorp, Inc. (Nasdaq: WASH), parent of The Washington Trust Company and First Financial Corp...Corp. will merge with and into Washington Trust Bancorp and First Bank and Trust...
Washington Trust Bancorp, Inc. Announces Plans to Acquire PierBank.
Press release article from: PR Newswire February 23, 1999 700+ words
...Feb. 23 /PRNewswire/ -- Washington Trust Bancorp, Inc. (Nasdaq: WASH), parent of The Washington Trust Company, today announced that...South Kingstown, Rhode Island. Washington Trust Bancorp, Inc., with assets...
Washington Trust acquiring First Financial.(Brief Article)(Statistical Data...
Magazine article from: Providence Business News November 19, 2001 700+ words
Washington Trust Bancorp, Inc., that hometown...second quarter of 2002. It will give Washington Trust a new presence in Cranston and added...and investment management office. Washington Trust Bancorp, Inc., parent of The...
Washington Trust To Acquire Weston Financial Group, Inc., A $1.2 Billion High...
Press release article from: Business Wire March 21, 2005 700+ words
...Enhances Financial Planning Expertise Washington Trust Bancorp, Inc. (Nasdaq National...symbol: WASH), parent company of The Washington Trust Company, today announced that it...throughout the country. John C. Warren, Washington Trust's Chairman and Chief Executive Officer...
Washington Trust Annual Meeting Highlights Strong 2003 Results; Louis J. Luzzi...
Press release article from: Business Wire April 27, 2004 700+ words
...BUSINESS WIRE)--April 27, 2004 Washington Trust Bancorp, Inc. (Nasdaq: WASH), parent of The Washington Trust Company, today held its Annual...the Westerly Public Library. "Washington Trust performed exceptionally well in...
Washington Trust Bancorp Prepares to Take Over First Financial.
Newspaper article from: Providence Journal (Providence, Rhode Island) (via Knight-Ridder/Tribune Business News) May 10, 2002 700+ words
...business the bank set out to win. Washington Trust Bancorp, as it completes an acquisition...conversion. Today at 4 p.m., Washington Trust will close four First Bank and Trust...two of the branches will open as Washington Trust; the others will be consolidated...
Washington Trust Honored by National Program For Exceptional Employee Benefits;...
Press release article from: Business Wire September 27, 2005 700+ words
...to attend the award presentation to Washington Trust by Principal Financial Group during...formerly Boulder Hills) in Richmond. The Washington Trust Company, a subsidiary of Washington Trust Bancorp, Inc., (Nasdaq National...
Washington Trust Bank Acquires Pinnacle Bank in Oregon.
Press release article from: Business Wire February 14, 2009 700+ words
Washington Trust Bank Gains Full Branching Powers...State of Oregon SPOKANE, Wash. -- Washington Trust Bank announced that it has acquired...transaction to protect depositors. Washington Trust Bank will provide banking services...
Washington Trust Wealth Management Selects Smartleaf Technology.
Press release article from: Business Wire November 12, 2008 700+ words
...Portfolios WESTERLY, R.I. -- Washington Trust Wealth Management today...Financial Group, Inc., Washington Trust Investors, and 1800 Asset...Smartleaf technology will enable Washington Trust Wealth Management to implement...
Washington Trust Receives National Points of Light Foundation Award; The Only...
Press release article from: Business Wire August 5, 2005 700+ words
WESTERLY, R.I. -- The Washington Trust Company, a subsidiary of Washington Trust Bancorp, Inc. (Nasdaq National Market...sustain workplace volunteer programs. "Washington Trust is extremely honored to be the recipient...
For more facts and information, see all results

Source: HighBeam Research, The Providence Journal, R.I., business notes column.

©2009 Gale, a part of Cengage Learning. All rights reserved.
About us | FAQs | Contact us | Privacy policy | Terms and conditions
Other Gale sites: Encyclopedia.com | HighBeam Research | Acquire Content | Books & Authors | Goliath | MovieRetriever | Smart QandA