Rhea-AI Summary
Mackinac Financial Corporation (Nasdaq: MFNC) has declared a cash dividend of $0.14 per common share for Q2 2020. This dividend is payable on July 20, 2020, to shareholders on record as of July 6, 2020, remaining unchanged from the previous quarter. Mackinac Financial Corporation, which operates under the Bank Holding Company Act of 1956, has assets exceeding $1.3 billion and offers a range of banking services through its principal subsidiary, mBank, located in Michigan and Wisconsin.
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