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 $0.31 per common share on August 17, 2022, payable on September 23, 2022, to shareholders of record on September 1, 2022. This reflects an annualized dividend yield of 3.7% based on the closing price of $33.80 on August 16, 2022. CEO William C. Marsh noted that this dividend demonstrates the Corporation’s ongoing growth and strong financial performance.

Positive

• Quarterly cash dividend declared at $0.31 per share.
• Annualized dividend yield of 3.7%, indicating strong returns for investors.
• CEO affirmed continued growth and strong financial performance.

Negative

• None.

EMLENTON, Pa., Aug. 17, 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 August 17, 2022 of $0.31 per common share payable on September 23, 2022, to shareholders of record on September 1, 2022. This quarterly dividend reflects an annualized dividend yield of 3.7% based on the stock’s closing price of $33.80 per share on August 16, 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 EMCF dividend amount for September 2022?

The dividend amount for September 2022 is $0.31 per common share.

When will the EMCF dividend be paid?

The EMCF dividend will be paid on September 23, 2022.

Who is eligible to receive the EMCF dividend?

Shareholders of record on September 1, 2022, are eligible to receive the EMCF dividend.

What is the annualized dividend yield for EMCF?

The annualized dividend yield for EMCF is 3.7% based on the closing price prior to the dividend declaration.