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 August 18, 2021, payable on September 17, 2021. This decision reflects an annualized dividend yield of 4.2% based on the stock's closing price of $28.69 per share on August 17, 2021. Chairman William C. Marsh indicated that the dividend showcases the Corporation’s ongoing growth and robust financial performance.

Positive

• Quarterly cash dividend of $0.30 per share reflects strong financial performance.
• Annualized dividend yield of 4.2% indicates shareholder income.

Negative

• None.

EMLENTON, Pa., Aug. 18, 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 August 18, 2021 of $0.30 per common share payable on September 17, 2021, to shareholders of record on September 1, 2021. This quarterly dividend reflects an annualized dividend yield of 4.2% based on the stock’s closing price of $28.69 per share on August 17, 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 Emclaire Financial Corp?

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

When will the dividend be paid to shareholders of Emclaire Financial Corp?

The dividend will be payable on September 17, 2021.

What is the record date for the dividend payment of EMCF?

The record date for the dividend payment is September 1, 2021.

What is the annualized dividend yield for Emclaire Financial Corp?

The annualized dividend yield is 4.2%, based on a closing price of $28.69 on August 17, 2021.

How many offices does Emclaire Financial Corp operate?

Emclaire Financial Corp operates 19 full-service offices in Pennsylvania.