on the back of a ten percent stock dividend declared by the Bank of Bermuda.

Of the four trades yesterday, none of the share prices changed in value.

Bank of Bermuda common stock traded at $19.75 on a volume of 1,851, Bank of Butterfield stock closed at $26 on a volume of 500, Belco shares traded at $20.50 on a volume of 250 and 5,000 shares in Bermuda Fire & Marine Insurance changed hands at five cents each.