Emclaire Financial Corp Announces Quarterly Dividend
The Board of Directors of Emclaire Financial Corp (NASDAQ: EMCF) declared a quarterly cash dividend of $0.30 per common share on November 17, 2021.
Sentiment and the balance of points
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Rhea-AI Summary
The Board of Directors of Emclaire Financial Corp (NASDAQ: EMCF) declared a quarterly cash dividend of $0.30 per common share on November 17, 2021. This dividend, payable on December 17, 2021, to shareholders of record as of December 1, 2021, reflects an annualized yield of 4.0%, based on the closing price of $29.65 per share on November 16, 2021. CEO William C. Marsh indicated that this dividend demonstrates the company's robust growth and strong financial performance over recent quarters.
Positive
- $0.30 dividend per share signifies strong financial health.
- 4.0% annualized dividend yield indicates attractive return for shareholders.
- CEO's statement reflects confidence in ongoing company growth.
Negative
- None.
Details
News Market Reaction – EMCF
The recorded move for EMCF in the trading session of this news was -3.17%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
EMLENTON, Pa., Nov. 17, 2021 (GLOBE NEWSWIRE) -- The Board of Directors of Emclaire Financial Corp (NASDAQ: EMCF), the parent holding company of the Farmers National Bank of Emlenton, declared a quarterly cash dividend on November 17, 2021 of
William C. Marsh, Chairman, President and Chief Executive Officer of the Corporation and the Bank, noted that the dividend reflects the Corporation’s continued growth and strong financial performance in recent quarters.
Emclaire Financial Corp is the parent company of the Farmers National Bank of Emlenton, an independent, nationally chartered, FDIC-insured community commercial bank headquartered in Emlenton, Pennsylvania, operating 19 full-service offices in Venango, Allegheny, Butler, Clarion, Clearfield, Crawford, Elk, Jefferson and Mercer Counties, Pennsylvania. The Corporation’s common stock is quoted on and traded through NASDAQ under the symbol “EMCF”. For more information visit the Corporation’s website at www.emclairefinancial.com.
CONTACT:
William C. Marsh
Chairman of the Board, President and
Chief Executive Officer
Phone: (844) 767-2311
Email: info@farmersnb.com
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