Emclaire Financial Corp. Announces 11.1% Quarterly Dividend Increase
EMLENTON, Pa., Feb. 20, 2013 (GLOBE NEWSWIRE) -- The Board of Directors of
Emclaire Financial Corp. (Nasdaq:EMCF), the parent holding company of the
Farmers National Bank of Emlenton, declared a quarterly cash dividend on
February 20, 2013 of $0.20 per common share payable on March 22, 2013, to
shareholders of record on March 1, 2013. The $0.20 per share quarterly
dividend represents an 11.1% increase in quarterly dividends from the $0.18
per common share dividend rate declared and paid each quarter during 2012.
This quarterly dividend reflects an annualized dividend yield of 3.5% based on
the stock's closing price of $22.75 per share on February 19, 2013.
William C. Marsh, Chairman, President and Chief Executive Officer of the
Corporation and the Bank, noted that the dividend increase reflects the
Corporation's continued growth and strong financial performance in recent
Emclaire Financial Corp. is the parent company of the Farmers National Bank of
Emlenton, an independent, nationally chartered, FDIC-insured community
commercial bank headquartered in Emlenton, Pennsylvania, operating thirteen
full service offices in Venango, Butler, Clarion, Clearfield, Crawford, Elk,
Jefferson and Mercer Counties, Pennsylvania. The Corporation's common stock is
quoted on and traded through NASDAQ under the symbol "EMCF." For more
information visit the Corporation's web site at www.emclairefinancial.com.
CONTACT: William C. Marsh
Chairman of the Board, President and
Chief Executive Officer
Phone: (724) 867-2311
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