Mackinac Financial (MFNC) Declares $0.12 Quarterly Dividend; 3.5% Yield

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Mackinac Financial Corporation Declares Cash Dividend on Common Stock

June 20, 2017 1:16 PM EDT

MANISTIQUE, Mich., June 20, 2017 (GLOBE NEWSWIRE) -- 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 June 20, 2017.  The Board of Directors declared a cash dividend of $.12 per common share, payable July 11, 2017 to shareholders of record at June 30, 2017. The dividend is unchanged from the prior quarters dividend.

Mackinac Financial Corporation is a registered bank holding company formed under the Bank Holding Company Act of 1956 with assets in excess of $980 million and whose... More