CHICAGO, Aug. 5 /PRNewswire/ -- EVEREN Capital Corporation (NYSE: EVR)
announced today that its board of directors voted to declare a dividend of
$0.07 per share on all outstanding shares of the corporation's common stock.
The quarterly cash dividend is payable on September 15, 1998, to stockholders
of record at the close of business on September 1, 1998. Currently, there are
approximately 34.8 million shares of EVEREN Capital common stock outstanding.
The transfer agent and dividend paying agent for EVEREN's common stock is
Harris Trust and Savings Bank.
EVEREN Capital Corporation is the fifth largest publicly traded majority
employee-owned company in the U.S. Its principal subsidiary, EVEREN
Securities, Inc., ranks among the 10 largest national full-service brokerage
firms and serves individual, corporate, municipal and institutional clients
through an integrated network of approximately 1,700 investment consultants in
170 offices. The company combines the capital markets resources of a large
national organization with the personalized service and dedication of a
smaller firm. Currently, EVEREN holds approximately $60 billion of client
assets in more than 600,000 active client accounts. Another operating unit,
EVEREN Clearing Corp., provides execution and clearing services for EVEREN
Securities and other broker-dealers. EVEREN Securities, Inc. and EVEREN
Clearing Corp. are members of the Securities Investor Protection Corporation,
the New York Stock Exchange and other principal exchanges. For more
information, visit the company's Web site at http://www.everensec.com.
SOURCE EVEREN Capital Corporation
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Related links:
http://www.everensec.com
Company News On-Call: http://www.prnewswire.com or
fax, 800-758-5804, ext. 121760
CONTACT:
Elizabeth Cassanos, or Caron Schreiber,
312-574-5724, both of EVEREN Capital Corporation
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