MBT Financial (MBTF) Raises Quarterly Dividend 25% to $0.05; 1.8% Yield

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Go back to MBT Financial (MBTF) Raises Quarterly Dividend 25% to $0.05; 1.8% Yield

MBT Financial Corp. Announces 20% Increase in Annual Earnings and Increases in Quarterly and Special Dividends

February 2, 2017 5:00 PM EST

MONROE, Mich., Feb. 02, 2017 (GLOBE NEWSWIRE) -- MBT Financial Corp., (Nasdaq: MBTF), the parent company of Monroe Bank & Trust, reported a preliminary net profit of $3,578,000 ($0.16 per share, basic and diluted), in the fourth quarter of 2016, compared to a profit of $4,014,000 ($0.18 per share, basic and diluted), in the fourth quarter of 2015. The full year profit in 2016 was $14,501,000 ($0.64 per share, basic and $0.63 per share, diluted) compared to $12,082,000 ($0.53 per share, basic and diluted) in 2015.

The Company also announced that it increased its quarterly dividend from $0.04 to $0.05 this quarter, and... More