Emclaire Financial Corp Announces Quarterly Dividend

Rhea-AI Summary

The Board of Directors of Emclaire Financial Corp (NASDAQ: EMCF) announced a quarterly cash dividend of $0.31 per common share on May 18, 2022. This dividend is payable on June 17, 2022, to shareholders of record as of June 1, 2022. Based on the stock’s closing price of $34.63 per share on May 17, 2022, the dividend provides an annualized yield of 3.6%. Chairman William C. Marsh emphasized that this action reflects the Corporation’s ongoing growth and strong financial performance.

Positive

• Quarterly cash dividend of $0.31 per share demonstrates strong financial health.
• Annualized dividend yield of 3.6% based on recent stock price shows attractive return for shareholders.

Negative

• None.

EMLENTON, Pa., May 18, 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 May 18, 2022 of $0.31 per common share payable on June 17, 2022, to shareholders of record on June 1, 2022. This quarterly dividend reflects an annualized dividend yield of 3.6% based on the stock’s closing price of $34.63 per share on May 17, 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 in May 2022?

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

When is the dividend payable for EMCF shareholders?

The dividend is payable on June 17, 2022, to shareholders of record on June 1, 2022.

What is the annualized dividend yield for EMCF based on the recent stock price?

The annualized dividend yield is 3.6% based on the stock’s closing price of $34.63 per share.

Who announced the dividend declaration for EMCF?

The dividend declaration was announced by the Board of Directors of Emclaire Financial Corp.