Commercial National Financial Corporation Announces Quarterly Dividend

Rhea-AI Summary

Commercial National Financial Corporation (CEFC) declared a quarterly cash dividend of 14 cents per share, payable on July 1, 2022 to shareholders of record as of June 17, 2022. At a recent closing price of $12.40 per share, this equates to an annualized dividend yield of 4.52%. This announcement reflects the company's commitment to returning value to its shareholders.

Positive

• Quarterly cash dividend of 14 cents per share declared.
• Annualized dividend yield of 4.52% based on recent closing price.

Negative

• None.

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

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ITHACA, Mich., May 19, 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 July 1, 2022 to shareholders of record on June 17, 2022. Based on a recent closing price of $12.40 per share, the annualized dividend yield is 4.52%.

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

FAQ

What is the dividend amount for CEFC in 2022?

The dividend amount for CEFC is 14 cents per share.

When is the CEFC dividend payable?

The CEFC dividend is payable on July 1, 2022.

What is the record date for the CEFC dividend?

The record date for the CEFC dividend is June 17, 2022.

What is the annualized dividend yield for CEFC?

The annualized dividend yield for CEFC is 4.52%.