Mackinac Financial (MFNC) Declares $.14 Quarterly Dividend; 5.7% Yield

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Mackinac Financial Corporation Declares Cash Dividend on Common Stock

June 22, 2020 10:13 AM EDT

MANISTIQUE, Mich., June 22, 2020 (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 22, 2020.  The Board of Directors declared a cash dividend of $.14 per common share for the second quarter of 2020, payable July 20, 2020 to shareholders of record at July 6, 2020. 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... More