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Stock impact report

Isabella Bank Corporation Announces First Quarter 2024 Dividend

ISABELLA BANK CORP (ISBA) 
NASDAQ:AMEX Investor Relations: ir.isabellabank.com
Company Research Source: PR Newswire
MT. PLEASANT, Mich., March 1, 2024 /PRNewswire/ -- Isabella Bank Corporation (OTCQX: ISBA) today announced its Board of Directors declared a first-quarter cash dividend of $0.28 per common share at its regular meeting on February 28, 2024. The dividend will be payable March 29, 2024 to shareholders of record as of March 27, 2024. Based on ISBA's closing stock price of $19.37 per share as of February 28, 2024, the annualized cash dividend yield is 5.78%."I am pleased to announce our $0.28 cash dividend, which continues to provide our shareholders with an attractive yield," said Jerome E. Schwind, President and Chief Executive Officer. "Our dividends are just one way in which we strive to increase shareholder value, along with maintaining financial strength and performance." About the CorporationIsabella Bank Corporation (OTCQX: ISBA) is the parent holding company of Isabella Bank, a state-chartered community bank headquartered in Mt. Pleasant, Michigan. Isabella Bank was established in Show less Read more
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