Associated Banc-Corp (ASBC) Raises Quarterly Dividend 400% to $0.05; 1.5% Yield

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Associated Banc-Corp (NASDAQ: ASBC) declared a quarterly dividend of $0.05 per share, or $0.2 annualized. This is a 400% increase from the prior dividend of $0.01.

The dividend will be payable on March 15, 2012, to stockholders of record on March 1, 2012, with an ex-dividend date of February 28, 2012.

The annual yield on the dividend is 1.5 percent.

"We are pleased to announce an increase in Associated's dividend," said President and CEO Philip B. Flynn. "We see this dividend increase as delivering on our commitment to enhance shareholder value."

For a dividend history and other dividend-related data on Associated Banc-Corp (ASBC) click here.

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