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Stock impact report

Isabella Bank Corporation Announces Second Quarter 2024 Dividend

ISABELLA BANK CORP (ISBA) 
NASDAQ:AMEX Investor Relations: ir.isabellabank.com
Company Research Source: PR Newswire
MT. PLEASANT, Mich., May 30, 2024 /PRNewswire/ -- Isabella Bank Corporation (OTCQX:ISBA) today announced its Board of Directors declared a second-quarter cash dividend of $0.28 per common share at its regular meeting on May 29, 2024.  The dividend will be payable June 28, 2024 to shareholders of record as of June 26, 2024.  Based on ISBA's closing stock price of $19.00 per share as of May 29, 2024, the annualized cash dividend yield is 5.89%."I am pleased to announce the second quarter cash dividend of $0.28.  This dividend is a reflection of our continued commitment to building shareholder value," said Jerome E. Schwind, President and Chief Executive Officer.  "Our constant effort to implement strategic initiatives and financial performance has enabled us to continue to provide an attractive return on shareholder investment, which is evidenced by the dividend yield."About the CorporationIsabella Bank Corporation (OTCQX:ISBA) is the parent holding company of Isabella Bank, a state-cha Show less Read more
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