Dividend
Information
Calendar
Dividends, if approved by the Board of Directors,
are customarily paid to shareholders of record as follows:
Record Dates: January 15, April 15, July 15 and October 15 Payment
Dates: February 1, May 1, August 1 and November 1
Quarterly Dividend Rate
Our current quarterly dividend is $0.14
per share. Since the first dividend payment in 1994, The South
Financial Group has paid consecutive quarterly dividends to date.
The indicated annual dividend has consecutively increased each
year at an average rate of 16%.
Direct Deposit
The South Financial Group offers shareholders
the convenience of automatic deposit of dividends into personal
bank accounts on the same day dividends are paid. For more information,
please contact the Transfer Agent by phone at (800) 368-5948
or by e-mail at invrelations@rtco.com.
Dividend Reinvestment Plan
Shareholders may purchase additional shares
of common stock at a 5% discount by reinvesting cash dividends.
Participants in the Plan may also invest additional cash, up
to a maximum of $10,000 per month, for purchase of common stock
at market value. For more information, please contact Investor
Relations by phone at (800) 951-2699 ext. 54919 or by e-mail
at mary.gentry@thesouthgroup.com.
Annual
Meeting
The Annual Meeting of Shareholders will
be held at 10:30 a.m., April 29, 2003 at the Gunter Theatre, Peace
Center for the Performing Arts, Greenville, South Carolina.
|
 |
Stock
Listing
The Nasdaq Stock
Market
Ticker Symbol: TSFG
Stock
Information
| At Year End |
|
2002 |
|
2001 |
% Change |
|
Stock price ranges
(closing price):
High
Low
Close |
|
$24.29
17.51
20.66 |
|
$22.00
12.19
17.75 |
34%
44
16
|
Cash dividends
paid per share |
|
11.11 |
|
11.04 |
9
|
Total return
to shareholders (a) |
|
19.10 |
% |
37.28 |
%
|
Annual shares
traded (000s) |
|
33,782 |
|
27,410 |
23
|
At December 31 |
|
Shares outstanding
(000s) |
|
47,347 |
|
41,229 |
15%
|
Shareholders
of record |
|
7,560 |
|
7,169 |
5 |
Price/earnings
multiple(b) |
|
14.97 |
x |
18.11 |
x |
Price/book
multiple |
|
1.51 |
|
1.60 |
|
Notes:
(a)
Based on stock price and cash dividends paid.
(b) Based on year-end closing stock price divided
by net income per share.
|
|
Form
10-K
A copy of The South Financial
Group’s Annual Report on Form 10-K as filed with the Securities
and Exchange Commission is available at no charge by contacting
Investor Relations at the address under contact
information.
|
