MBT Financial (MBTF) Declares $0.10 Quarterly Dividend; 3.9% Yield

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Go back to MBT Financial (MBTF) Declares $0.10 Quarterly Dividend; 3.9% Yield

MBT Financial Corp. Announces Dividend and Preliminary First Quarter 2019 Highlights

April 25, 2019 5:00 PM EDT

MONROE, Mich., April 25, 2019 (GLOBE NEWSWIRE) -- MBT Financial Corp. (NASDAQ: MBTF), the parent company of Monroe Bank & Trust, announced that it will pay a quarterly dividend of $0.10 per common share on May 16, 2019 to shareholders of record as of May 9, 2019. This is an increase of $0.03 per share compared to the regular dividend paid in the same quarter last year.

Excluding securities losses and other merger related expenses, core earnings for the first quarter of 2019 were $4,319,000, or $0.19 per share, basic and diluted. This is an increase of 11% from the net profit of $3,902,000 recorded in the... More