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Gouverneur Savings and Loan shareholder considers holding dividend

Posted 10/17/15

GOUVERNEUR – A holding company that owns the majority of stock in the Gouverneur Savings and Loan Association will hold a special meeting of its members Nov. 16 to vote on whether or not to waive …

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Gouverneur Savings and Loan shareholder considers holding dividend

Posted

GOUVERNEUR – A holding company that owns the majority of stock in the Gouverneur Savings and Loan Association will hold a special meeting of its members Nov. 16 to vote on whether or not to waive annual dividends.

All dividends on the company’s common stock are declared at the discretion of the company’s board of directors.

Cambray MHC’s right to receive up to $0.34 per share may be declared by the company during the 12-month period following the member vote.