UPDATE: Mutualfirst Financial (MFSF) Raises Quarterly Dividend 16.7% to $0.14; Approves 375K Share Buyback

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MutualFirst Financial, Inc. Announces Increased Cash Dividend And Stock Repurchase Program

February 19, 2016 1:50 PM EST

MUNCIE, Ind., Feb. 19, 2016 /PRNewswire/ -- MutualFirst Financial, Inc. (NASDAQ: MFSF), the holding company of MutualBank, has announced the Company will pay a cash dividend of $ .14 per share, a 17% increase, for the first quarter of 2016.  The dividend will be payable on March 25, 2016 to shareholders of record on March 11, 2016.

"MutualFirst continues to build momentum, which is reflected in the increased dividend," CEO David Heeter commented.  The Company and its subsidiary MutualBank are well capitalized and strong by all regulatory standards.  

MutualFirst Financial, Inc. has also announced its intention today to... More