Emclaire Financial Corp Announces Quarterly Dividend

Rhea-AI Summary

On February 17, 2021, Emclaire Financial Corp (NASDAQ: EMCF) declared a quarterly cash dividend of $0.30 per share, payable on March 19, 2021. Shareholders of record on March 1, 2021 will receive this dividend, representing an annualized yield of 4.6% based on a closing stock price of $26.20 on February 16, 2021. William C. Marsh, the Corporation’s CEO, emphasized that this dividend reflects ongoing growth and robust financial performance.

Positive

• Quarterly cash dividend of $0.30 per share indicates strong financial performance.
• Annualized dividend yield of 4.6% is attractive for shareholders.

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• None.

EMLENTON, Pa., Feb. 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 February 17, 2021 of $0.30 per common share payable on March 19, 2021, to shareholders of record on March 1, 2021. This quarterly dividend reflects an annualized dividend yield of 4.6% based on the stock’s closing price of $26.20 per share on February 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 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: info@farmersnb.com

FAQ

What is the dividend amount declared by 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 March 19, 2021.

What is the record date for EMCF's dividend?

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

What is the annualized dividend yield for EMCF?

The annualized dividend yield is 4.6% based on the stock's closing price of $26.20.