Oklahoma City-based BancFirst Corporation announced today that all of the 9.65 percent trust securities of BFC Capital Trust I, will be redeemed on January 15, 2007.
Distributions on the trust securities will cease to accrue on and after the redemption date. The Bank of New York Trust Company, N.A. serves as property trustee of the trust, and will notify holders of the redemption.
BancFirst also announced that its Board of Directors approved a cash dividend of $0.18 per share on its common stock. The dividend is payable January 16, 2007 to shareholders of record on December 31, 2006.