Middlefield Banc Corp. (MBCN) Raises Quarterly Dividend 5% to $0.21; 3.1% Yield
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Middlefield Banc Corp. Announces a 5% Increase in the 2025 First-Quarter Cash Dividend Payment
February 10, 2025 4:30 PM ESTMIDDLEFIELD, Ohio, Feb. 10, 2025 (GLOBE NEWSWIRE) -- Middlefield Banc Corp. (NASDAQ: MBCN) today announced that its Board of Directors declared a quarterly cash dividend of $0.21 per common share, representing a 5% increase from the 2024 fourth quarter dividend. The 2025 first-quarter dividend is payable on March 14, 2025, to shareholders of record on February 28, 2025.
Ronald L. Zimmerly, Jr., President and Chief Executive Officer, stated, The 5% increase in Middlefields dividend payment demonstrates our confidence in the future, as well as our strong capital position and expanding levels of profitability. Our regular dividend has increased 47.4% from... More
