Mackinac Financial Corporation Declares 33% Increase in Cash Dividend on Common Stock
(firmenpresse) - MANISTIQUE, MI -- (Marketwired) -- 08/25/15 -- Mackinac Financial Corporation (NASDAQ: MFNC), the bank holding company for mBank (the "Bank"), announced the approval of a cash dividend by its Board of Directors on August 25, 2015. The Board of Directors declared an increased cash dividend of $.10 per common share, payable October 5, 2015 to shareholders of record at September 23, 2015. The dividend is a 33% increase from the prior quarter's dividend.
Mackinac Financial Corporation is a registered bank holding company formed under the Bank Holding Company Act of 1956 with assets in excess of $740 million and whose common stock is traded on the NASDAQ stock market as "MFNC." The principal subsidiary of the Corporation is mBank. Headquartered in Manistique, Michigan, mBank has 17 branch locations; 13 in the Upper Peninsula, three in the Northern Lower Peninsula and one in Oakland County, Michigan. The Corporation's banking services include commercial lending and treasury management products and services geared toward small to mid-sized businesses, as well as a full array of personal and business deposit products and consumer loans.
Contact:
Ernie R. Krueger
(906) 341-7158
Website:
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Datum: 25.08.2015 - 17:19 Uhr
Sprache: Deutsch
News-ID 415823
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Town:
MANISTIQUE, MI
Kategorie:
Commercial & Investment Banking
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