Fentura Financial, Inc. Announces Quarterly Dividend

Rhea-AI Summary

Fentura Financial, Inc. (OTCQX: FETM) has declared a regular dividend of $0.08 per share for shareholders of record as of November 8, 2021, with payment scheduled for November 15, 2021. The company, formed in 1987, is the holding entity for The State Bank, rated as a 5-Star Bauer Financial institution, operating 17 branches across Michigan. Fentura Financial was recognized as one of the Best 50 performing stocks on the OTCQX exchange in 2018. The press release also includes caution regarding forward-looking statements related to growth in earning assets and net income.

Positive

• Regular dividend of $0.08 per share announced.
• Recognition as one of the Best 50 performing stocks in 2018.

Negative

• Forward-looking statements carry risks, including economic and competitive uncertainties.

FENTON, Mich., Oct. 29, 2021 (GLOBE NEWSWIRE) -- Fentura Financial, Inc. (OTCQX: FETM) has announced a regular dividend of $0.08 per share for shareholders of record as of November 8, 2021, and payable November 15, 2021.

About Fentura Financial, Inc. and The State Bank

Fentura Financial, Inc. is the holding company for The State Bank. It was formed in 1987 and is traded on the OTCQX exchange under the symbol FETM, and was recognized as one of the Best 50 performing stocks in 2018 on that exchange.

The State Bank is a full-service, 5-Star Bauer Financial rated commercial, retail and trust bank headquartered in Fenton, Michigan. It currently operates 17 full-service branches in Genesee, Livingston, Oakland, Saginaw, and Shiawassee Counties. The State Bank’s commercial department provides a complete array of products including lines of credit, term loans, commercial mortgages, SBA loans and a full-suite of cash management products. The retail department offers personal checking, savings, time and IRA deposit accounts and a wide array of loan products including home equity, auto and personal loans. The residential loan department offers construction, purchase and refinance residential mortgage loans. The wealth management department offers a full-service suite of trust and portfolio management services. More information can be found at www.thestatebank.com or www.fentura.com.

Cautionary Statement: This press release contains certain forward-looking statements that involve risks and uncertainties. Forward-looking statements include, but are not limited to, statements concerning future growth in earning assets and net income. Such statements are subject to certain risks and uncertainties which could cause actual results to differ materially from those expressed or implied by such forward-looking statements, including, but not limited to, economic, competitive, governmental and technological factors affecting the Company's operations, markets, products, services, interest rates and fees for services. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release.

Contacts:           
Ronald L. Justice                           
President & CEO                            
Fentura Financial, Inc.                  
810.714.3902                                   
ron.justice@thestatebank.com

Aaron D. Wirsing
Chief Financial Officer
Fentura Financial, Inc.
810.714.3925
aaron.wirsing@thestatebank.com

FAQ

What is the dividend amount for Fentura Financial (FETM)?

Fentura Financial has announced a dividend of $0.08 per share.

When is the dividend payment date for FETM?

The dividend is payable on November 15, 2021.

Who are the shareholders of record for the dividend?

Shareholders of record as of November 8, 2021, will receive the dividend.

What are the risks associated with Fentura Financial's forward-looking statements?

Risks include economic, competitive, governmental, and technological factors.