PR Newswire: news distribution, targeting and monitoring
2014
See more news releases in Banking & Financial Services  | Dividends

Middlefield Banc Corp. Announces Third Quarter 2010 Cash Dividend

Share with Twitter Share with LinkedIn

MIDDLEFIELD, Ohio, Aug. 11 /PRNewswire-FirstCall/ -- Middlefield Banc Corp. (Pink Sheets: MBCN) today announced that the company's board of directors has declared a quarterly cash dividend of $0.26 per common share payable on September 15, 2010, to shareholders of record on August 31, 2010.  This cash dividend represents an amount equal to that paid in the prior two quarters of 2010 as well as the amount paid during the third quarter of 2009.    

Thomas G. Caldwell, President and Chief Executive Officer of Middlefield, commented,

"We are pleased to continue a pattern of positive earnings and to maintain a strong cash dividend.  The confidence that our investors have placed in our stewardship is sincerely appreciated and we will continue our efforts to provide a proper return for that trust."

Middlefield Banc Corp., headquartered in Middlefield, Ohio, is a financial holding company with total assets in excess of $606 million.  Its subsidiary, The Middlefield Banking Company, operates full service banking centers and a UVEST Financial Services® brokerage office serving Chardon, Cortland, Garrettsville, Mantua, Middlefield, Newbury and Orwell, Ohio.  The company also serves the central Ohio market through its Emerald Bank subsidiary, with offices in Dublin and Westerville, Ohio.  Additional information is available at www.middlefieldbank.com and www.emeraldbank.com.

This announcement contains forward-looking statements that involve risk and uncertainties, including changes in general economic and financial market conditions and the Company's ability to execute its business plans.  Although management believes the expectations reflected in such statements are reasonable, actual results may differ materially.    

Contact:   James R. Heslop, 2nd

                Executive Vice President/Chief Operating Officer

                (440) 632-1666 Ext. 3219    

                jheslop@middlefieldbank.com



SOURCE Middlefield Banc Corp.



RELATED LINKS
http://www.middlefieldbank.com

Featured Video

Journalists and Bloggers

Visit PR Newswire for Journalists for releases, photos, ProfNet experts, and customized feeds just for Media.

View and download archived video content distributed by MultiVu on The Digital Center.

Share with Twitter Share with LinkedIn
 

Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

 

 
 

PR Newswire Membership

Fill out a PR Newswire membership form or contact us at (888) 776-0942.

 
 

Learn about PR Newswire services

Request more information about PR Newswire products and services or call us at (888) 776-0942.

 

Online Member Center

Not a Member?
Click Here to Join
Login
Search News Releases
Advanced Search
Search
  1. PR Newswire Services
  2. Knowledge Center
  3. Browse News Releases
  4. Contact PR Newswire
  5. Send a News Release