Commercial National Financial Corporation Announces Quarterly Dividend

Rhea-AI Summary

Commercial National Financial Corporation (OTCID: CEFC) declared a regular quarterly cash dividend of $0.15 per share, up $0.01 from the prior quarterly dividend. The dividend is payable April 1, 2026 to shareholders of record on March 13, 2026.

Based on a recent closing price of $14.12, the annualized dividend yield is 4.25%.

Positive

• Dividend increased to $0.15 per share from $0.14
• Payable April 1, 2026 to holders of record March 13, 2026
• Annualized yield of 4.25% based on $14.12 closing price

Negative

• Increase modest at ~7.1% versus prior quarterly dividend
• No guidance provided on ongoing dividend policy or sustainability

Quarterly Dividend
ITHACA, Mich., Feb. 19, 2026 (GLOBE NEWSWIRE) -- Commercial National Financial Corporation (OTCID: CEFC) announced that the Board of Directors declared a regular quarterly cash dividend of 15 cents per share, which is a 1 cent increase from the last regular quarterly cash dividend of 14 cents per share. The dividend is payable April 1, 2026 to shareholders of record on March 13, 2026. Based on a recent closing price of $14.12 per share, the annualized dividend yield is 4.25%.

About CEFC
Commercial National Financial Corporation (OTCID: CEFC) is the holding company of Commercial Bank, a state-chartered community bank headquartered in Ithaca, Michigan. Commercial Bank was established in 1893 and has been dedicated to meeting the banking needs of the communities it serves for over 130 years. The Bank has locations throughout five Michigan counties: Gratiot, Ingham, Montcalm, Barry, and Ottawa.

Visit https://www.commercial-bank.com/about-us/investor-information.html to view the latest news releases and other information about CEFC.

Contact:
Benjamin Ogle
CFO
(989) 875-5562

FAQ

What dividend did Commercial National Financial Corporation (CEFC) declare on February 19, 2026?

The company declared a regular quarterly cash dividend of $0.15 per share. According to the company, this is a $0.01 increase from the prior quarterly dividend of $0.14.

When is the CEFC dividend payable and who is eligible for the April 1, 2026 payment?

The dividend is payable on April 1, 2026. According to the company, shareholders of record as of March 13, 2026 are eligible to receive the payment.

What annualized yield does CEFC's new dividend represent based on recent price?

Based on a recent closing price of $14.12, the annualized dividend yield is 4.25%. According to the company, that figure reflects the $0.15 quarterly payout annualized.

How much did CEFC raise its quarterly dividend compared to the prior payout?

The quarterly dividend was increased by $0.01, from $0.14 to $0.15 per share. According to the company, this represents a roughly 7.1% increase quarter-over-quarter.

Does CEFC's announcement on February 19, 2026 change its dividend policy going forward?

The announcement sets a one-time increase to $0.15 per share and payment details. According to the company, no additional forward-looking dividend policy or long-term commitment was included in the notice.