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Middlefield Banc Corp. Announces 2024 Third-Quarter Cash Dividend Payment

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Middlefield Banc Corp. (NASDAQ: MBCN) has announced a quarterly cash dividend of $0.20 per common share for the third quarter of 2024. The dividend will be payable on September 13, 2024, to shareholders of record as of August 30, 2024. This announcement demonstrates the company's commitment to providing regular returns to its shareholders and maintaining its dividend policy. The consistent dividend payout may be viewed as a positive sign of the bank's financial stability and confidence in its future performance.

Middlefield Banc Corp. (NASDAQ: MBCN) ha annunciato un dividendo in contante trimestrale di $0,20 per azione comune per il terzo trimestre del 2024. Il dividendo sarà pagabile il 13 settembre 2024, agli azionisti registrati al 30 agosto 2024. Questo annuncio dimostra l'impegno dell'azienda a fornire rendimenti regolari ai suoi azionisti e a mantenere la propria politica di dividendi. Il pagamento costante dei dividendi può essere visto come un segnale positivo della stabilità finanziaria della banca e della fiducia nelle sue performance future.

Middlefield Banc Corp. (NASDAQ: MBCN) ha anunciado un dividendo en efectivo trimestral de $0.20 por acción común para el tercer trimestre de 2024. El dividendo será pagadero el 13 de septiembre de 2024, a los accionistas registrados hasta el 30 de agosto de 2024. Este anuncio demuestra el compromiso de la empresa de proporcionar retornos regulares a sus accionistas y mantener su política de dividendos. El pago consistente de dividendos puede ser visto como una señal positiva de la estabilidad financiera del banco y confianza en su rendimiento futuro.

Middlefield Banc Corp. (NASDAQ: MBCN)는 2024년 3분기 동안 보통주 1주당 $0.20의 분기 현금 배당금을 발표했습니다. 배당금은 2024년 9월 13일에 지급될 예정이며, 2024년 8월 30일 기준 주주에게 지급됩니다. 이 발표는 회사가 주주에게 정기적인 수익을 제공하고 배당 정책을 유지하는 데 전념하고 있음을 보여줍니다. 지속적인 배당 지급은 은행의 재정적 안정성과 향후 성과에 대한 신뢰의 긍정적인 신호로 볼 수 있습니다.

Middlefield Banc Corp. (NASDAQ: MBCN) a annoncé un dividende en espèces trimestriel de 0,20 $ par action ordinaire pour le troisième trimestre de 2024. Le dividende sera payable le 13 septembre 2024, aux actionnaires enregistrés au 30 août 2024. Cette annonce démontre l'engagement de l'entreprise à fournir des rendements réguliers à ses actionnaires et à maintenir sa politique de dividendes. Le versement constant des dividendes peut être considéré comme un signe positif de la stabilité financière de la banque et de la confiance dans ses performances futures.

Middlefield Banc Corp. (NASDAQ: MBCN) hat eine quartalsweise Barausschüttung von $0,20 pro Stammaktie für das dritte Quartal 2024 bekannt gegeben. Die Dividende wird am 13. September 2024 an Aktionäre ausgezahlt, die am 30. August 2024 eingetragen sind. Diese Ankündigung zeigt das Engagement des Unternehmens, seinen Aktionären regelmäßige Renditen zu bieten und seine Dividendenpolitik aufrechtzuerhalten. Die konsistente Ausschüttung der Dividende kann als positives Zeichen für die finanzielle Stabilität der Bank und das Vertrauen in ihre zukünftige Leistung angesehen werden.

Positive
  • Consistent quarterly dividend payout of $0.20 per share
  • Demonstrates financial stability and shareholder value focus
Negative
  • None.

MIDDLEFIELD, Ohio, Aug. 13, 2024 (GLOBE NEWSWIRE) -- Middlefield Banc Corp. (NASDAQ: MBCN) today announced that its Board of Directors declared a quarterly cash dividend of $0.20 per common share. The third-quarter dividend is payable on September 13, 2024, to shareholders of record on August 30, 2024.

About Middlefield Banc Corp.
Middlefield Banc Corp., headquartered in Middlefield, Ohio, is the Bank holding Company of The Middlefield Banking Company, with total assets of $1.83 billion at June 30, 2024. The Bank operates 21 full-service banking centers and an LPL Financial® brokerage office serving Ada, Beachwood, Bellefontaine, Chardon, Cortland, Dublin, Garrettsville, Kenton, Mantua, Marysville, Middlefield, Newbury, Orwell, Plain City, Powell, Solon, Sunbury, Twinsburg, and Westerville. The Bank also operates a Loan Production Office in Mentor, Ohio.
Additional information is available at www.middlefieldbank.bank

This press release of Middlefield Banc Corp. and the reports Middlefield Banc Corp. files with the Securities and Exchange Commission often contain "forward-looking statements" relating to present or future trends or factors affecting the banking industry and, specifically, the financial operations, markets and products of Middlefield Banc Corp. These forward-looking statements involve certain risks and uncertainties. There are a number of important factors that could cause Middlefield Banc Corp.'s future results to differ materially from historical performance or projected performance. These factors include, but are not limited to: (1) a significant increase in competitive pressures among financial institutions; (2) changes in the interest rate environment that may reduce interest margins; (3) changes in prepayment speeds, charge-offs and loan loss provisions; (4) less favorable than expected general economic conditions; (5) legislative or regulatory changes that may adversely affect businesses in which Middlefield Banc Corp. is engaged; (6) technological issues which may adversely affect Middlefield Banc Corp.'s financial operations or customers; (7) changes in the securities markets; or (8) risk factors mentioned in the reports and registration statements Middlefield Banc Corp. files with the Securities and Exchange Commission. Middlefield Banc Corp. undertakes no obligation to release revisions to these forward-looking statements or to reflect events or circumstances after the date of this press release.

Company Contact:Investor and Media Contact:
Ron Zimmerly
President and Chief Executive Officer Middlefield Banc Corp.
(419) 673-1217
RZimmerly@middlefieldbank.com
Andrew M. Berger
Managing Director
SM Berger & Company, Inc.
(216) 464-6400
andrew@smberger.com

FAQ

What is the dividend amount for Middlefield Banc Corp. (MBCN) in Q3 2024?

Middlefield Banc Corp. (MBCN) declared a quarterly cash dividend of $0.20 per common share for the third quarter of 2024.

When is the dividend payment date for MBCN's Q3 2024 dividend?

The dividend payment date for MBCN's third-quarter 2024 dividend is September 13, 2024.

What is the record date for Middlefield Banc Corp.'s Q3 2024 dividend?

The record date for Middlefield Banc Corp.'s third-quarter 2024 dividend is August 30, 2024.

How often does Middlefield Banc Corp. (MBCN) pay dividends?

Based on the announcement of a quarterly dividend, Middlefield Banc Corp. (MBCN) appears to pay dividends on a quarterly basis.

Middlefield Banc Corp.

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