Emclaire Financial Corp Announces 3.7% Increase in Quarterly Dividend
22 February 2018 - 9:00AM
The Board of Directors of Emclaire Financial Corp (NASDAQ:EMCF),
the parent holding company of the Farmers National Bank of
Emlenton, declared a quarterly cash dividend on February 21, 2018
of $0.28 per common share payable on March 23, 2018, to
shareholders of record on March 1, 2018. The $0.28 per share
quarterly dividend represents a 3.7% increase from the $0.27 per
common share dividend declared and paid each quarter during
2017. This quarterly dividend reflects an annualized dividend
yield of 3.3% based on the stock’s closing price of $33.50 per
share on February 20, 2018.
William C. Marsh, Chairman, President and Chief
Executive Officer of the Corporation and the Bank, noted that the
dividend increase reflects the Corporation’s continued growth and
strong financial performance in recent quarters.
Emclaire Financial Corp is the parent company of
the Farmers National Bank of Emlenton, an independent, nationally
chartered, FDIC-insured community commercial bank headquartered in
Emlenton, Pennsylvania, operating 17 full service offices in
Venango, Allegheny, Butler, Clarion, Clearfield, Crawford, Elk,
Jefferson and Mercer Counties, Pennsylvania and Hancock County,
West Virginia. The Corporation’s common stock is quoted on
and traded through NASDAQ under the symbol “EMCF”. For more
information visit the Corporation’s web site at
www.emclairefinancial.com.
CONTACT:
William C.
Marsh Chairman of the Board, President and
Chief Executive Officer
Phone: (844)
767-2311Email:
investor.relations@farmersnb.com
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