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July 1, 2004COOPERATIVE BANKSHARES ANNOUNCES 40% DIVIDEND INCREASE Wilmington, NC—Cooperative Bankshares, Inc., announced that the Board of Directors declared the 2004 second quarter dividend of $0.07 per share, a 40% increase over the $0.05 paid in the second quarter of 2003. Declared by the Board on June 22, 2004, the dividend is payable on the 16th day of July, 2004, to stockholders of record as of July 1, 2004. |
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