MBT Financial (MBTF) Raises Quarterly Dividend 16.7% to $0.07; 2.6% Yield

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MBT Financial Corp. Announces First Quarter 2018 Preliminary Earnings and Dividend Increase

April 26, 2018 5:11 PM EDT

MONROE, Mich., April 26, 2018 (GLOBE NEWSWIRE) --

MBT Financial Corp. (NASDAQ: MBTF), the parent company of Monroe Bank & Trust, reported a preliminary net profit of $3,902,000 ($0.17 per share, basic and diluted), in the first quarter of 2018, compared to a profit of $3,180,000 ($0.14 per share, basic and diluted), in the first quarter of 2017. The company also announced that it will pay a quarterly dividend of $0.07 cents per common share on May 17, 2018 to shareholders of record as of May 10, 2018. This is an increase of $0.01 per share compared to the dividend paid last quarter and... More