Baylake Corp. Increases Dividend

Jul 16, 2013, 16:00 ET from Baylake Corp.

STURGEON BAY, Wis., July 16, 2013 /PRNewswire/ -- Baylake Corp. (OTCQB: BYLK), the parent company for Baylake Bank, is pleased to announce that its Board of Directors on July 16, 2013 declared a quarterly dividend of $0.06 per share on the Company's common stock; an increase of $0.01 per share. The dividend is payable on September 3, 2013 to shareholders of record on August 12, 2013. This dividend represents the fifth dividend increase declared by Baylake Corp. in seven consecutive quarters.

Baylake Corp., the holding company for Baylake Bank, serves Northeast and Central Wisconsin from 22 community financial centers throughout Brown, Door, Green Lake, Kewaunee, Outagamie, and Waushara Counties.

SOURCE Baylake Corp.