MetroCorp Bancshares, Inc. Declares Common Stock Cash Dividend
HOUSTON, June 12, 2013
HOUSTON, June 12, 2013 /PRNewswire/ --MetroCorp Bancshares, Inc.
(NASDAQGM:MCBI) today announced that it has declared a quarterly cash dividend
of $0.02 per share on shares of its common stock. The dividend is payable on
July 15, 2013 to stockholders of record as of the close of business on June
"With the strengthening of the Company's operating condition and the improved
economic environment in the markets we serve in the states of Texas and
California, we are committed to continue enhancing the return of investment to
our shareholders. The reinstatement of the dividend is a first step towards
achieving that goal," said George M. Lee, Co-Chairman and Chief Executive
Officer of MetroCorp Bancshares, Inc.
MetroCorp Bancshares, Inc. (NASDAQGM:MCBI) provides a full range of commercial
and consumer banking services through its wholly owned subsidiaries,
MetroBank, N.A. and Metro United Bank. The Company has thirteen full-service
banking locations in the greater Houston and Dallas, Texas metropolitan areas,
and six full-service banking locations in the greater San Diego, Los Angeles
and San Francisco, California metropolitan areas. As of March 31, 2013, the
Company had consolidated assets of $1.6 billion. For more information, visit
the Company's web site at www.metrobank-na.com.
CONTACT: MetroCorp Bancshares, Inc., Houston
George M. Lee, Co-Chairman, President and CEO
SOURCE MetroCorp Bancshares, Inc.
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