DCB Financial Corp Announces Special Dividend
LEWIS CENTER, Ohio, May 20 /PRNewswire-FirstCall/ -- The Board of Directors of DCB Financial Corp (OTC Bulletin Board: DCBF) announced a special dividend of $.05 per common share to shareholders of record May 28, 2004 payable June 16, 2004. In April, DCB Financial Corp announced that it would record an after tax gain to second quarter earnings of approximately $1.6 million as a result of the sale of its investment in ProCentury Corp. In addition to using the proceeds for general corporate purposes and reducing corporate debt, the Board of Directors declared the special divided. "The investors in our Company have been very supportive and loyal over the years and this is one small way we can recognize that," said G. William Parker, Chairman. DCB Financial Corp is the parent company of The Delaware County Bank & Trust Company which operates 15 branch offices in Delaware, Union and Franklin Counties, Ohio.
SOURCE DCB Financial Corp