Commercial National Financial Corporation Announces Quarterly Dividend

Rhea-AI Summary

On August 19, 2021, Commercial National Financial Corporation (CEFC) declared a quarterly cash dividend of 14 cents per share. The dividend will be payable on October 1, 2021 to shareholders of record as of September 17, 2021. At a recent closing price of $10.77 per share, the annualized dividend yield stands at 5.20%, reflecting strong returns for shareholders.

Positive

• Declared a quarterly cash dividend of 14 cents per share.
• Annualized dividend yield of 5.20% based on recent share price.

Negative

• None.

News Market Reaction – CEFC

-2.51%

-2.51% Session move

In the trading session that priced this news, CEFC declined 2.51%, reflecting a moderate negative 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., Aug. 19, 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 October 1, 2021 to shareholders of record on September 17, 2021. Based on a recent closing price of $10.77 per share, the annualized dividend yield is 5.20%.

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 dividend payable for CEFC?

The dividend is payable on October 1, 2021.

What is the record date for the dividend payment?

Shareholders of record on September 17, 2021, will receive the dividend.

What is the dividend yield for CEFC?

The annualized dividend yield is 5.20% based on a recent share price of $10.77.