ATLANTA, Jan. 23 /PRNewswire/ -- Premier Bancshares, Inc. (Amex: PMB), has
declared a quarterly cash dividend of $.O8 per post split share. The Company
recently announced a 3-for-2 stock split. The Company declared the dividend
payable to shareholders of record as of February 12, 1998. The dividend is to
be paid February 27, 1998.
Darrell Pittard, Chief Executive Officer, said, "This quarter's dividend
is 20% higher than the dividend paid last quarter. This increase would equate
to $.12 per share on a pre split basis. The increase was merited by the
Company's strong performance in the fourth quarter 1997."
Premier is a multi-bank holding company with assets of $793,000,000 and
has 33 offices located throughout the southeast.
SOURCE Premier Bancshares, Inc.
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CONTACT:
Michael E. Ricketson, Executive Vice
President, Premier Bancshares, Inc., 404-814-3090
CNOC: http://www.prnewswire.com or fax, 800-758-5804, ext.
283325
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