The dividend is unchanged from the previous quarter but is higher by 11.1 percent from the $.54 per share paid in the fourth quarter of 1999. Year to date, the dividend will total $2.28 per share, up 10.7 percent from $2.06 per share paid in 1999.
Wachovia Corporation (NYSE: WB) is a major interstate financial holding company offering banking and financial services to individuals primarily in Florida, Georgia, North Carolina, South Carolina and Virginia and to corporations and institutions throughout the United States and globally. Wachovia Corporation is headquartered in Winston-Salem, N.C., and Atlanta and had assets of $72 billion at September 30, 2000.
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