MILWAUKEE, Nov. 17, 2015 /PRNewswire/ -- Bank Mutual Corporation (NASDAQ: BKMU) announced that its Board of Directors declared a quarterly cash dividend of $0.05 per share. The cash dividend will be paid on November 27, 2015, to shareholders of record on November 20, 2015. This record date is a change from the date that had been previously included in the Company's Form 10-Q filing for the period ended September 30, 2015.
This cash dividend is the sixtieth 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 September 30, 2015. Its subsidiary bank, Bank Mutual, operates 68 offices in the state of Wisconsin and one office in Minnesota.
SOURCE Bank Mutual Corporation