The dividend is unchanged from the previous quarter but is higher by 10.2 percent from $.49 per share paid in the fourth quarter of 1998. For the full year of 1999, the dividend will total $2.06 per share, up 10.8 percent from $1.86 per share in 1998.
Wachovia Corporation's common shares are traded on the New York Stock Exchange under the ticker symbol WB.
Wachovia Corporation is a major interstate bank 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 $65.8 billion at September 30, 1999.
