First Albany Declares Regular Quarterly Dividend and Stock Dividend

Apr 26, 2001, 01:00 ET from First Albany Companies, Inc.

    ALBANY, N.Y., April 26 /PRNewswire/ --
 First Albany Companies Inc. (Nasdaq: FACT) announced today that its Board of
 Directors has declared a quarterly cash dividend of five cents per share for
 the first calendar quarter ended March 31, 2001.  The dividend will be payable
 on May 29, 2001 to shareholders of record on May 15, 2001.  The Board of
 Directors has also approved a five percent (5%) stock dividend upon the common
 stock of the Corporation.  This dividend will be payable on May 29, 2001 to
 shareholders of record on May 15, 2001.
     First Albany provides investment banking services to corporate and public
 clients, and engages in market-making and trading of corporate, government and
 municipal securities.  The firm also provides venture capital and merchant
 banking services to the investment and corporate communities, and asset
 management services to individuals and institutions.
     The common shares of First Albany Companies Inc. are traded on Nasdaq
 under the symbol FACT."
 
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SOURCE First Albany Companies, Inc.
    ALBANY, N.Y., April 26 /PRNewswire/ --
 First Albany Companies Inc. (Nasdaq: FACT) announced today that its Board of
 Directors has declared a quarterly cash dividend of five cents per share for
 the first calendar quarter ended March 31, 2001.  The dividend will be payable
 on May 29, 2001 to shareholders of record on May 15, 2001.  The Board of
 Directors has also approved a five percent (5%) stock dividend upon the common
 stock of the Corporation.  This dividend will be payable on May 29, 2001 to
 shareholders of record on May 15, 2001.
     First Albany provides investment banking services to corporate and public
 clients, and engages in market-making and trading of corporate, government and
 municipal securities.  The firm also provides venture capital and merchant
 banking services to the investment and corporate communities, and asset
 management services to individuals and institutions.
     The common shares of First Albany Companies Inc. are traded on Nasdaq
 under the symbol FACT."
 
                     MAKE YOUR OPINION COUNT -- Click Here
                http://tbutton.prnewswire.com/prn/11690X72712672
 
 SOURCE  First Albany Companies, Inc.