Commercial National Financial Corporation Announces Quarterly Dividend

Rhea-AI Summary

Commercial National Financial Corporation (CEFC) has announced a quarterly cash dividend of 14 cents per share. This dividend will be payable on April 3, 2023, to shareholders of record by March 17, 2023. With a recent closing price of $10.98 per share, the annualized dividend yield stands at 5.10%, reflecting the company's commitment to returning value to its shareholders.

Positive

• Quarterly cash dividend of 14 cents per share declared.
• Annualized dividend yield of 5.10%, indicating strong shareholder returns.

Negative

• None.

News Market Reaction – CEFC

+0.18%

+0.18% Session move

In the trading session that priced this news, CEFC gained 0.18%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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ITHACA, Mich., Feb. 16, 2023 (GLOBE NEWSWIRE) -- Commercial National Financial Corporation (Pink Sheets: CEFC) announced that the Board of Directors declared a regular quarterly cash dividend of 14 cents per share. The dividend is payable April 3, 2023 to shareholders of record on March 17, 2023.   Based on a recent closing price of $10.98 per share, the annualized dividend yield is 5.10%.

Contact:
Kevin Twardy
CFO and COO
(989) 875-5528

FAQ

What is the dividend amount for CEFC in 2023?

The dividend amount for CEFC is 14 cents per share.

When is the CEFC dividend payable?

The CEFC dividend is payable on April 3, 2023.

What is the record date for the CEFC dividend?

The record date for the CEFC dividend is March 17, 2023.

What is the annualized dividend yield for CEFC?

The annualized dividend yield for CEFC is 5.10%.