Chemical Financial (CHFC) Raises Quarterly Dividend 8.3% to $0.26; 3.2% Yield

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Chemical Financial Corporation Increases Cash Dividend

July 22, 2015 8:01 AM EDT

MIDLAND, Mich., July 22, 2015 (GLOBE NEWSWIRE) -- Chemical Financial Corporation (Nasdaq: CHFC) today announced that the Board of Directors of the Corporation declared a third quarter 2015 cash dividend on its common stock of $0.26 per share, representing an 8.3% increase over the second quarter 2015 cash dividend of $0.24 per share. The third quarter 2015 dividend will be payable on September 18, 2015, to shareholders of record on September 4, 2015. The ex-dividend date is September 2, 2015. 

 Chemical Financial Corporations continued improved financial performance and balance sheet growth, facilitated by the closing of three acquisitions over the past nine months, have... More