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Stock impact report

Mackinac Financial Corporation Declares Cash Dividend on Common Stock

Mackinac Financial Corporation (MFNC) 
Last mackinac financial corporation earnings: 1/29 09:00 am Check Earnings Report
Company Research Source: GlobeNewswire
MANISTIQUE, Mich., June 20, 2017 (GLOBE NEWSWIRE) -- 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 June 20, 2017.  The Board of Directors declared a cash dividend of $.12 per common share, payable July 11, 2017 to shareholders of record at June 30, 2017. The dividend is unchanged 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 $980 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 24 branch locations; 12 in the Upper Peninsula, four in the Northern Lower Peninsula, one in Oakland County, Michigan and seven in northern Wisconsin.  The Corporation’s banking services include commercial lending and treasury Show less Read more
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