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Fentura Financial, Inc. Announces Quarterly Dividend

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Fentura Financial, Inc. (OTCQX: FETM) has declared a regular dividend of $0.10 per share for shareholders as of February 6, 2023, with payment scheduled for February 13, 2023. The company, formed in 1987, operates The State Bank, recognized as a 5-Star Bauer Financial rated institution. It provides various banking services through 19 branches in Michigan. Fentura Financial is noted as one of the Top 50 performing stocks on the OTCQX exchange, showcasing its market viability and commitment to shareholder returns.

Positive
  • Regular dividend of $0.10 per share enhances shareholder income.
  • Recognition as a Top 50 performing stock on OTCQX indicates strong market position.
  • 5-Star Bauer Financial rating reflects high operational performance.
Negative
  • None.

FENTON, Mich., Jan. 26, 2023 (GLOBE NEWSWIRE) -- Fentura Financial, Inc. (OTCQX: FETM) has announced a regular dividend of $0.10 per share for shareholders of record as of February 6, 2023, and payable February 13, 2023.

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 has been recognized as one of the Top 50 performing stocks 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 19 full-service branches located in Genesee, Ingham, Jackson, Livingston, Oakland, Saginaw, and Shiawassee Counties. The State Bank’s commercial department provides a comprehensive 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. JusticeAaron D. Wirsing
 President & CEOChief Financial Officer
 Fentura Financial, Inc.
Fentura Financial, Inc.
 810.714.3902810.714.3925
 ron.justice@thestatebank.comaaron.wirsing@thestatebank.com


FAQ

What is the dividend amount for Fentura Financial in 2023?

Fentura Financial announced a dividend of $0.10 per share for 2023.

When is the dividend payment date for FETM shareholders?

The dividend for FETM shareholders will be paid on February 13, 2023.

Who qualifies for the FETM dividend?

Shareholders of record as of February 6, 2023, qualify for the FETM dividend.

FENTURA FINANCIAL INC

OTC:FETM

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Banks - Regional
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United States of America
Fenton