Emclaire Financial Corp Announces Quarterly Dividend

Rhea-AI Summary

Emclaire Financial Corp (NASDAQ: EMCF) announced a quarterly cash dividend of $0.30 per common share, payable on June 19, 2020, to shareholders of record on June 1, 2020. This dividend yields 6.0% based on the stock's closing price of $19.90 on May 19, 2020. CEO William C. Marsh attributed the dividend decision to the corporation's ongoing growth and robust financial performance in recent quarters. Emclaire Financial is the parent company of the Farmers National Bank of Emlenton, operating in multiple locations across Pennsylvania and West Virginia.

Positive

• Declared a dividend of $0.30 per share, reflecting strong financial performance.
• Annualized dividend yield of 6.0%, indicating company confidence and shareholder income.

Negative

• None.

News Market Reaction – EMCF

-2.36%

-2.36% Session move

In the trading session that priced this news, EMCF declined 2.36%, reflecting a moderate negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

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EMLENTON, Pa., May 20, 2020 (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 May 20, 2020 of $0.30 per common share payable on June 19, 2020, to shareholders of record on June 1, 2020.  This quarterly dividend reflects an annualized dividend yield of 6.0% based on the stock’s closing price of $19.90 per share on May 19, 2020.

William C. Marsh, Chairman, President and Chief Executive Officer of the Corporation and the Bank, noted that the dividend increase 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 20 full service offices in Venango, Allegheny, Butler, Clarion, Clearfield, Crawford, Elk, Jefferson and Mercer Counties, Pennsylvania and Hancock County, West Virginia.  The Corporation’s common stock is quoted on and traded through NASDAQ under the symbol “EMCF”.  For more information visit the Corporation’s web site at www.emclairefinancial.com.

CONTACT:

William C. Marsh
Chairman of the Board, President and
Chief Executive Officer

Phone: (844) 767-2311
Email: investor.relations@farmersnb.com

FAQ

What is the dividend amount for EMCF?

Emclaire Financial Corp declared a quarterly cash dividend of $0.30 per share.

When will the EMCF dividend be paid?

The dividend will be paid on June 19, 2020.

What is the record date for the EMCF dividend?

The record date for the dividend is June 1, 2020.

What is the annualized dividend yield of EMCF?

The annualized dividend yield is 6.0% based on the stock's closing price.

How has Emclaire Financial Corp performed recently?

The corporation has shown strong financial performance, contributing to the declared dividend.