Commercial National Financial Corporation Announces Quarterly Dividend

Rhea-AI Summary

Commercial National Financial Corporation (Pink Sheets: CEFC) has declared a quarterly cash dividend of 14 cents per share, scheduled for payment on April 1, 2022. Shareholders on record by March 18, 2022 will receive this dividend. The declaration reflects a strong financial position, offering an annualized dividend yield of 4.48% based on the recent closing price of $12.50 per share. This move underscores the company's commitment to returning value to its shareholders.

Positive

• Quarterly cash dividend of 14 cents per share declared.
• Annualized dividend yield of 4.48% based on recent closing price.

Negative

• None.

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

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ITHACA, Mich., Feb. 17, 2022 (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 1, 2022 to shareholders of record on March 18, 2022. Based on a recent closing price of $12.50 per share, the annualized dividend yield is 4.48%.

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

FAQ

What is the dividend amount declared by CEFC?

Commercial National Financial Corporation declared a dividend of 14 cents per share.

When will the dividend be paid to CEFC shareholders?

The dividend will be paid on April 1, 2022.

What is the record date for CEFC's dividend?

The record date for the dividend is March 18, 2022.

What is the annualized dividend yield for CEFC?

The annualized dividend yield for CEFC is 4.48%.