Emclaire Financial Corp Announces Quarterly Dividend

Rhea-AI Summary

On November 16, 2022, Emclaire Financial Corp (NASDAQ: EMCF) declared a quarterly cash dividend of $0.31 per common share, payable on December 16, 2022, to shareholders of record on December 1, 2022. This dividend reflects an annualized yield of 3.7% based on the stock's closing price of $33.87 on November 15, 2022. Chairman William C. Marsh noted that this dividend is a sign of the corporation's strong financial performance and growth over recent quarters.

Positive

• Quarterly dividend of $0.31 indicates strong financial health.
• Dividend yield of 3.7% provides income for shareholders.
• Reflects consistent growth and performance in recent quarters.

Negative

• None.

EMLENTON, Pa., Nov. 16, 2022 (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 16, 2022 of $0.31 per common share payable on December 16, 2022, to shareholders of record on December 1, 2022. This quarterly dividend reflects an annualized dividend yield of 3.7% based on the stock’s closing price of $33.87 per share on November 15, 2022.

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 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 declared by Emclaire Financial Corp?

Emclaire Financial Corp declared a quarterly cash dividend of $0.31 per common share.

When will the dividend be paid to shareholders?

The dividend will be paid on December 16, 2022.

What is the record date for the dividend payment?

The record date for the dividend payment is December 1, 2022.

What is the annualized dividend yield based on the recent closing price?

The annualized dividend yield is 3.7% based on the stock's closing price of $33.87.

How does the recent dividend reflect the company’s financial performance?

The dividend reflects Emclaire Financial Corp's continued growth and strong financial performance in recent quarters.