Emclaire Financial Corp Announces Quarterly Dividend

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.

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 $0.30 per common share payable on December 17, 2021, to shareholders of record on December 1, 2021. This quarterly dividend reflects an annualized dividend yield of 4.0% based on the stock’s closing price of $29.65 per share on November 16, 2021.

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

FAQ

What is the dividend amount declared by EMCF?

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

When will the EMCF dividend be paid?

The dividend will be payable on December 17, 2021.

What is the record date for EMCF's dividend?

The record date for the dividend is December 1, 2021.

What is the annualized dividend yield for EMCF?

The annualized dividend yield is 4.0% based on the stock's closing price.