Mackinac Financial (MFNC) Declares $0.10 Quarterly Dividend; 3.5% Yield

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Mackinac Financial Corporation Declares $.10 Cash Dividend on Common Stock

August 23, 2016 12:53 PM EDT

MANISTIQUE, MI -- (Marketwired) -- 08/23/16 -- Mackinac Financial Corporation (NASDAQ: MFNC), the bank holding company for mBank (the "Bank"), announced the approval of a cash dividend by its Board of Directors on August 23, 2016. The Board of Directors declared a cash dividend of $.10 per common share, payable October 3, 2016 to shareholders of record at September 23, 2016. The dividend is unchanged from the prior quarter's dividend.

Mackinac Financial Corporation is a registered bank holding company formed under the Bank Holding Company Act of 1956 with assets in excess of $890 million and whose common stock is traded on... More