Emclaire Financial Corp Announces 3.4% Increase in Quarterly Dividend
Emclaire Financial Corp (EMCF)
US:NASDAQ Investor Relations:
emclairefinancial.com
Company Research
Source: GlobeNewswire
EMLENTON, Pa., Feb. 19, 2020 (GLOBE NEWSWIRE) -- The Board of Directors of Emclaire Financial Corp (NASDAQ: EMCF), the parent holding company of the Farmers National Bank of Emlenton, declared a quarterly cash dividend on February 19, 2020 of $0.30 per common share payable on March 20, 2020, to shareholders of record on March 2, 2020. The $0.30 per share quarterly dividend represents a 3.4% increase from the $0.29 per common share dividend declared and paid each quarter during 2019. This quarterly dividend reflects an annualized dividend yield of 3.7% based on the stock’s closing price of $32.45 per share on February 18, 2020. William C. Marsh, Chairman, President and Chief Executive Officer of the Corporation and the Bank, noted that the dividend increase reflects the Corporation’s continued growth and strong financial performance in recent quarters. Emclaire Financial Corp is the parent company of the Farmers National Bank of Emlenton, an independent, nationally chartered, FDI
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