MILWAUKEE, Oct. 21 /PRNewswire-FirstCall/ -- Marshall &
Ilsley Corporation (NYSE: MI) (M&I) today announced its Board
of Directors has declared a regular quarterly cash dividend of
$0.01 per share on its common stock.
The dividend is payable on December 10,
2010, to common stock shareholders of record at the close of
business on December 1, 2010.
In addition, the Board of Directors declared a regular quarterly
cash dividend of $21,437,500 in the
aggregate on its Senior Preferred Stock, Series B. The Senior
Preferred Stock, Series B was purchased from M&I by the U.S.
Treasury as part of the U.S. Treasury's Capital Purchase Program.
The Preferred Stock dividend is payable on November 15, 2010, to the shareholder of record
at the close of business on November 1,
2010.
Marshall & Ilsley Corporation (NYSE: MI) is a diversified
financial services corporation headquartered in Milwaukee, Wis., with $51.9 billion in assets. Founded in 1847, M&I
Marshall & Ilsley Bank is the largest Wisconsin-based bank, with 192 offices
throughout the state. In addition, M&I has 53 locations
throughout Arizona; 36 offices
along Florida's west coast and in
central Florida; 33 offices in
Indianapolis and nearby
communities; 26 offices in metropolitan Minneapolis/St. Paul, and one in Duluth, Minn.; 17 offices in the greater
St. Louis area; 15 offices in
Kansas City and nearby
communities; and one office in Las Vegas,
Nev. M&I also provides trust and investment management,
equipment leasing, mortgage banking, asset-based lending, financial
planning, investments, and insurance services from offices
throughout the country and on the Internet (www.mibank.com or
www.micorp.com). M&I's customer-based approach, internal
growth, and strategic acquisitions have made M&I a nationally
recognized leader in the financial services industry.
SOURCE Marshall & Ilsley Corporation
Copyright . 21 PR Newswire