Dividends
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Dividends and Poker
When playing poker you receive rakeback from the poker
rooms. Meaning part of the poker room earnings go back to the players. Rakeback is a dividend from the poker room to the
player as a loyalty bonus for playing with them.
First Federal of Northern Michigan Bancorp (FFNM) Suspends Dividend
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First Federal of Northern Michigan Bancorp (Nasdaq: FFNM) voted to suspend the payment of quarterly cash dividends on the Company's common stock, effective immediately, due to the impact of continued weak economic conditions and the uncertainty regarding the timing of a recovery.
The Company is the unitary savings and loan holding company of First Federal of Northern Michigan, a federal savings bank headquartered in Alpena, Michigan.[SM]
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