Dividends
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Capitol Bancorp (CBC) Cuts Qtr. Dividend 66% to $0.05/Share
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Capitol Bancorp Limited (NYSE: CBC) today announced that its Board has reduced its quarterly dividend by 66% from $0.15 to $0.05 per common share. The dividend will be payable September 1, 2008, to shareholders of record as of August 15, 2008.
Today's dividend is Capital Bancorp's 64th consecutive quarterly dividend.
Capitol Bancorp, Ltd., a bank holding company, provides various banking services to individuals, businesses, and other customers in the United States.
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