MILWAUKEE, May 2, 2016 /PRNewswire/ -- Bank Mutual Corporation (NASDAQ: BKMU) announced that its Board of Directors declared a quarterly cash dividend of $0.055 per share, which is 10% increase over the dividend paid in the prior quarter. The cash dividend will be paid on May 30, 2016, to shareholders of record on May 13, 2016.
This cash dividend is the sixty-second quarterly cash dividend paid by Bank Mutual Corporation since becoming a capital stock organization. Bank Mutual Corporation is the third largest banking institution headquartered in the state of Wisconsin, with assets of $2.5 billion at March 31, 2016. Its subsidiary bank, Bank Mutual, operates 64 offices in the state of Wisconsin and one office in Minnesota.
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SOURCE Bank Mutual Corporation