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Isabella Bank Corporation Announces Third Quarter 2024 Dividend

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Isabella Bank (OTCQX: ISBA) has declared a third-quarter cash dividend of $0.28 per common share, payable on September 30, 2024, to shareholders of record as of September 26, 2024. Based on ISBA's closing stock price of $19.15 per share as of August 28, 2024, the annualized cash dividend yield is 5.85%. Jerome E. Schwind, President and CEO, emphasized the company's focus on financial performance and strategic initiatives to enhance shareholder value, highlighting their commitment to providing an attractive return on investment.

Isabella Bank (OTCQX: ISBA) ha dichiarato un dividendo in contante per il terzo trimestre di $0.28 per azione ordinaria, che sarà pagato il 30 settembre 2024, agli azionisti registrati al 26 settembre 2024. Basandosi sul prezzo di chiusura delle azioni di ISBA di $19.15 per azione al 28 agosto 2024, il rendimento annualizzato del dividendo in contante è del 5.85%. Jerome E. Schwind, Presidente e CEO, ha sottolineato l'attenzione dell'azienda sulle performance finanziarie e le iniziative strategiche per aumentare il valore per gli azionisti, evidenziando il loro impegno a fornire un ritorno interessante sugli investimenti.

Isabella Bank (OTCQX: ISBA) ha declarado un dividendo en efectivo del tercer trimestre de $0.28 por acción ordinaria, que se pagará el 30 de septiembre de 2024, a los accionistas registrados hasta el 26 de septiembre de 2024. Basado en el precio de cierre de las acciones de ISBA de $19.15 por acción a partir del 28 de agosto de 2024, el rendimiento anualizado del dividendo en efectivo es del 5.85%. Jerome E. Schwind, Presidente y CEO, enfatizó el enfoque de la empresa en el rendimiento financiero y las iniciativas estratégicas para mejorar el valor para los accionistas, destacando su compromiso de proporcionar un atractivo retorno de inversión.

이사벨라 뱅크 (OTCQX: ISBA)는 2024년 9월 30일에 지급될 3분기 현금 배당금을 보통주당 $0.28로 선언하였으며, 2024년 9월 26일 기준의 주주에게 지급됩니다. 2024년 8월 28일 기준 ISBA의 주가가 주당 $19.15인 것을 기준으로 할 때, 연환산 현금 배당 수익률은 5.85%입니다. 제롬 E. 슈윈드 사장 겸 CEO는 주주 가치를 향상시키기 위한 재무 성과 및 전략적 이니셔티브에 대한 회사의 집중을 강조하며, 매력적인 투자 수익을 제공하겠다는 당사의 의지를 강조했습니다.

Isabella Bank (OTCQX: ISBA) a déclaré un dividende en espèces pour le troisième trimestre de 0,28 $ par action ordinaire, payable le 30 septembre 2024, aux actionnaires enregistrés au 26 septembre 2024. Sur la base du prix de clôture des actions ISBA de 19,15 $ par action au 28 août 2024, le rendement annualisé du dividende en espèces est de 5,85%. Jerome E. Schwind, Président et PDG, a souligné l'engagement de l'entreprise envers la performance financière et les initiatives stratégiques pour accroître la valeur pour les actionnaires, mettant en avant leur volonté d'offrir un retour sur investissement attractif.

Isabella Bank (OTCQX: ISBA) hat eine Bargelddividende für das dritte Quartal von $0.28 pro Stammaktie erklärt, die am 30. September 2024 an die Aktionäre ausgezahlt wird, die am 26. September 2024 im Aktienregister stehen. Basierend auf dem Schlusskurs der ISBA-Aktien von $19.15 pro Aktie am 28. August 2024 beträgt die annualisierte Bargelddividendenrendite 5.85%. Jerome E. Schwind, Präsident und CEO, betonte den Fokus des Unternehmens auf die finanzielle Leistung und strategische Initiativen zur Steigerung des Aktionärswerts und hob das Engagement hervor, eine attraktive Rendite auf Investitionen zu bieten.

Positive
  • Declared a third-quarter cash dividend of $0.28 per common share
  • Annualized cash dividend yield of 5.85% based on current stock price
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  • None.

MT. PLEASANT, Mich., Sept. 4, 2024 /PRNewswire/ -- Isabella Bank Corporation (OTCQX: ISBA) today announced its Board of Directors declared a third-quarter cash dividend of $0.28 per common share at its regular meeting on August 28, 2024. The dividend will be payable September 30, 2024 to shareholders of record as of September 26, 2024. Based on ISBA's closing stock price of $19.15 per share as of August 28, 2024, the annualized cash dividend yield is 5.85%.

"I am pleased to announce a $0.28 per share third quarter cash dividend. We continually focus on our financial performance and implementing strategic initiatives to improve shareholder value," said Jerome E. Schwind, President and Chief Executive Officer. "Our ongoing commitment to provide an attractive return on shareholder investment is evidenced by our dividend yield."

About the Corporation
Isabella Bank Corporation (OTCQX:ISBA) is the parent holding company of Isabella Bank, a state-chartered community bank headquartered in Mt. Pleasant, Michigan. Isabella Bank was established in 1903 and has been committed to serving its customers' and communities' local banking needs for over 120 years. The Bank offers personal and commercial lending and deposit products, as well as investment, trust, and estate planning services. The Bank has locations throughout eight Mid-Michigan counties: Bay, Clare, Gratiot, Isabella, Mecosta, Midland, Montcalm, and Saginaw.

For more information about Isabella Bank Corporation, visit the Investor Relations link at www.isabellabank.com. Isabella Bank Corporation common stock is quoted on the OTCQX tier of the OTC Markets Group, Inc.'s electronic quotation system (www.otcmarkets.com) under the symbol "ISBA." The Corporation's investor relations firm is Stonegate Capital Partners, Inc. (www.stonegateinc.com).

Forward-Looking Statements
This press release includes forward-looking statements. To the extent that the foregoing information refers to matters that may occur in the future, please be aware that such forward-looking statements may differ materially from actual results. Additional information concerning some of the factors that could cause materially different results is included in the sections entitled "Risk Factors" and "Forward Looking Statements" set forth in Isabella Bank Corporation's filings with the Securities and Exchange Commission, which are available from the Securities and Exchange Commission's Public Reference facilities and from its website at www.sec.gov.

Cision View original content:https://www.prnewswire.com/news-releases/isabella-bank-corporation-announces-third-quarter-2024-dividend-302238598.html

SOURCE Isabella Bank Corporation

FAQ

What is Isabella Bank 's third-quarter 2024 dividend amount?

Isabella Bank 's third-quarter 2024 dividend is $0.28 per common share.

When will ISBA pay its third-quarter 2024 dividend?

ISBA will pay its third-quarter 2024 dividend on September 30, 2024, to shareholders of record as of September 26, 2024.

What is Isabella Bank 's annualized cash dividend yield as of August 28, 2024?

Isabella Bank 's annualized cash dividend yield is 5.85% based on the closing stock price of $19.15 per share as of August 28, 2024.

What is the OTCQX ticker symbol for Isabella Bank ?

The OTCQX ticker symbol for Isabella Bank is ISBA.

ISABELLA BANK CORP

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United States of America
Mount Pleasant