MBT Financial (MBTF) Declares $0.05 Quarterly Dividend; 1.7% Yield
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MBT Financial Corp. Announces First Quarter 2017 Earnings and Dividend
April 27, 2017 5:00 PM EDTMONROE, Mich., April 27, 2017 (GLOBE NEWSWIRE) -- MBT Financial Corp., (Nasdaq: MBTF), the parent company of Monroe Bank & Trust, reported a preliminary net profit of $3,180,000 ($0.14 per share, basic and diluted), in the first quarter of 2017, compared to a profit of $2,997,000 ($0.13 per share, basic and diluted), in the first quarter of 2016. This represents a 6.1% increase in net income compared to last year.
The Company also announced that it will pay a quarterly dividend of $0.05 on May 18, 2017 to shareholders of record as of May 11, 2017. This is an increase of $0.02,... More
