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Trust company boosts dividend

  • By Business Observer Staff
  • | 4:00 p.m. March 2, 2012
  • Charlotte–Lee–Collier
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FORT MYERS — Investors' Security Trust Co. plans to reward its shareholders with a 50% boost in its annual dividend this year, a bright spot in the Gulf Coast's financial services industry.

The non-depository trust company headquartered in Fort Myers plans to pay shareholders 75 cents per share this month, its fourth consecutive annual dividend.

“In a time where many independent financial companies have failed or continue to struggle, we are proud to issue a dividend for the fourth consecutive year” says CEO Charles Idelson.

Investors Security Trust currently manages $350 million in assets and provides investment, estate and trust management services.

 

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