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 November 18, 2020. This dividend is payable on December 18, 2020, to shareholders of record on December 1, 2020, reflecting an annualized dividend yield of 4.8% based on a closing price of $24.87 per share on November 17, 2020. Chairman William C. Marsh attributed the dividend increase to the Corporation’s robust growth and strong financial performance in recent quarters.

Positive

• Quarterly cash dividend of $0.30 per share reflects strong financial performance.
• Annualized dividend yield of 4.8% indicates positive shareholder returns.

Negative

• None.

EMLENTON, Pa., Nov. 18, 2020 (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 18, 2020 of $0.30 per common share payable on December 18, 2020, to shareholders of record on December 1, 2020. This quarterly dividend reflects an annualized dividend yield of 4.8% based on the stock’s closing price of $24.87 per share on November 17, 2020.

William C. Marsh, Chairman, President and Chief Executive Officer of the Corporation and the Bank, noted that the dividend increase 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: investor.relations@farmersnb.com 

FAQ

What is the EMCF dividend amount declared on November 18, 2020?

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

When is the next dividend payment for EMCF shareholders?

The dividend is payable on December 18, 2020, to shareholders of record on December 1, 2020.

What is the annualized dividend yield of EMCF based on the recent announcement?

The annualized dividend yield is 4.8%, based on the closing price of $24.87 per share on November 17, 2020.

How does EMCF's dividend reflect its financial performance?

The dividend increase indicates strong financial performance and growth of Emclaire Financial Corp.