Middlefield Banc Corp. (MBCN) Declares $0.05 Special Dividend; 0.2% Yield

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Go back to Middlefield Banc Corp. (MBCN) Declares $0.05 Special Dividend; 0.2% Yield

Middlefield Banc Corp. Announces 2023 Fourth Quarter Cash Dividend Payment and Declares a $0.05 Special Cash Dividend Payment

November 14, 2023 8:01 AM EST

MIDDLEFIELD, Ohio, Nov. 14, 2023 (GLOBE NEWSWIRE) -- Middlefield Banc Corp. (NASDAQ: MBCN) today announced that its Board of Directors declared a special cash dividend of $0.05 per common share and a regular quarterly cash dividend of $0.20 per common share. Both dividends are payable on December 15, 2023, to shareholders of record as of December 1, 2023.

James R. Heslop, II, Chief Executive Officer of Middlefield, stated, The ability to increase our dividend in 2023, combined with this years special dividend, reflects the strength of our balance sheet and business model, as well as our long-standing commitment to... More