Marquette National Corporation Declares Dividend
Marquette National Corporation (OTCQX: MNAT) has recently made a significant announcement that reflects its ongoing commitment to shareholders. The company’s Board of Directors has declared a cash dividend of $0.31 per share. While the dividend payment will occur on a planned date, it is essential for investors to note the details regarding shareholders of record.
Details of the Dividend Declaration
As detailed in the official announcement, the dividend will be payable on a future date specified for those who hold shares by a certain cutoff date. This is a standard procedure that protects long-term investors and aligns with the company's efforts to provide consistent returns. As of the latest report, Marquette National Corporation boasts 4,366,911 shares that are issued and outstanding. This healthy number of shares emphasizes investor confidence in the organization.
Overview of Marquette National Corporation
Marquette National Corporation stands as a diversified bank holding company valued at a respectable $2.2 billion in total assets. Its primary subsidiary, Marquette Bank, serves as a full-service community bank, committed to meeting the financial needs of the various communities it serves within the region. This commitment is reflected through an extensive range of financial services offered by the bank, which includes retail banking, real estate lending, trust services, insurance, investment solutions, wealth management, and business banking.
Community Banking Services
With 20 branches strategically placed across the region, Marquette Bank is firmly established in the community landscape. By offering an array of services, it caters to both individual consumers and commercial clients, ensuring a broad spectrum of financial solutions. This localized approach not only strengthens client relationships but also enhances community engagement, making Marquette Bank a central part of financial life in those areas.
Financial Performance and Future Outlook
The latest developments also underline the company’s robust performance in a challenging economic environment. Despite various external pressures affecting the financial landscape, Marquette National Corporation continues to show resilience and growth. Investors are likely to appreciate this commitment to maintaining dividends even during uncertain times, reinforcing their confidence in the company’s future.
Commitment to Shareholders
Marquette’s declaration of dividends is part of a broader strategy to attract and retain investors. By consistently offering dividends, the company signals its operational stability and potential for growth, characteristics that investors find appealing. This strategic approach not only benefits shareholders but also enhances the overall reputation of Marquette National Corporation in the financial sector.
Contact Information for Inquiries
For additional inquiries or further information regarding the recent dividend declaration and company operations, interested parties can reach out to the executive team. Specifically, Patrick Hunt, the Executive Vice President and Chief Financial Officer of Marquette National Corporation, is available for communication at the designated phone number. These open lines of dialogue encourage transparency and foster connections with stakeholders.
Contact Details
Patrick Hunt
EVP & CFO
708-364-9019
Email: phunt@emarquettebank.com
Frequently Asked Questions
What is the amount of the declared dividend by Marquette National Corporation?
The declared dividend by Marquette National Corporation is $0.31 per share.
When will the dividend be payable?
The dividend is payable on a specified date to shareholders recorded by a particular cutoff date.
What services does Marquette Bank provide?
Marquette Bank offers various financial solutions including retail banking, real estate lending, trust services, and wealth management.
How many branches does Marquette Bank operate?
Marquette Bank has 20 branches serving the community across multiple locations.
Who can I contact for more information?
For more information, you can contact Patrick Hunt, EVP & CFO, at 708-364-9019 or via email at phunt@emarquettebank.com.
