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National Penn Bancshares, Inc. Declares Cash Dividend

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  Published in Business and Finance on Wednesday, October 26th 2011 at 8:46 GMT by Market Wire
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BOYERTOWN, Pa.--([ BUSINESS WIRE ])--The Board of Directors of National Penn Bancshares, Inc. (Nasdaq: NPBC) has declared a fourth quarter cash dividend of four cents per share payable to shareholders of record as of November 5, 2011. The cash dividend will be paid November 17, 2011.

"We remain focused on enhancing shareholder value through continued profitability improvement, solid fundamental performance and maintaining a strong balance sheet."

aOur Board is pleased to be able to increase the cash dividend paid for our shareholders,a said Scott V. Fainor, President and CEO. aWe remain focused on enhancing shareholder value through continued profitability improvement, solid fundamental performance and maintaining a strong balance sheet.a

National Penn Bancshares, Inc. has approximately 151 million common shares outstanding as of October 26, 2011.

About National Penn Bancshares, Inc.

National Penn Bancshares, Inc., with approximately $9 billion in assets, is a bank holding company based in Pennsylvania. Headquartered in Boyertown, National Penn operates 123 branch offices comprising 122 branches in Pennsylvania and one branch in Maryland through National Penn Bank and its HomeTowne Heritage Bank, KNBT and Nittany Bank divisions.

National Pennas financial services affiliates consist of National Penn Wealth Management, N.A., including its National Penn Investors Trust Company division; National Penn Capital Advisors, Inc.; Institutional Advisors LLC; National Penn Insurance Services Group, Inc., including its Higgins Insurance division; and Caruso Benefits Group, Inc.

National Penn Bancshares, Inc. common stock is traded on the Nasdaq Stock Market under the symbol aNPBCa. Please visit our Web site at [ www.nationalpennbancshares.com ] to see our regularly posted material information.