Commercial National Financial Corporation Announces Quarterly Dividend

Rhea-AI Summary

Commercial National Financial Corporation (CEFC) has declared a quarterly cash dividend of 14 cents per share, payable on April 1, 2021, to shareholders on record as of March 19, 2021. This decision reflects the company's ongoing commitment to returning value to its shareholders. Based on the recent closing price of $9.55 per share, the annualized dividend yield stands at 5.86%, demonstrating a solid return on investment for shareholders.

Positive

• Quarterly cash dividend of 14 cents per share enhances shareholder value.
• Annualized dividend yield of 5.86% provides attractive returns.

Negative

• None.

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

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ITHACA, Mich., Feb. 18, 2021 (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, 2021 to shareholders of record on March 19, 2021.   Based on a recent closing price of $9.55 per share, the annualized dividend yield is 5.86%.

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

FAQ

What is the dividend amount declared by CEFC?

CEFC declared a quarterly cash dividend of 14 cents per share.

When is the CEFC dividend payable?

The CEFC dividend is payable on April 1, 2021.

What is the record date for CEFC's dividend?

The record date for CEFC's dividend is March 19, 2021.

What is the annualized dividend yield for CEFC?

The annualized dividend yield for CEFC is 5.86% based on a recent closing price of $9.55.