Firstbank Corporation Announces First Quarter Cash Dividend
January 25 2005 - 10:43AM
PR Newswire (US)
Firstbank Corporation Announces First Quarter Cash Dividend ALMA,
Mich., Jan. 25 /PRNewswire-FirstCall/ -- Thomas R. Sullivan,
President and Chief Executive Officer of Firstbank Corporation
(NASDAQ:FBMI), announced today that a $0.21 per share quarterly
cash dividend will be paid March 17, 2005, to shareholders of
record as of February 25, 2005. The $0.21 per share cash dividend
remains unchanged from the prior quarter. This rate, combined with
the 5% stock dividend paid on December 31, 2004, represents a 10.3%
increase in dividends per share compared to the year ago level.
Firstbank Corporation, headquartered in Alma, Michigan is currently
a five bank financial services company with assets of $806 million
and 35 banking offices located in central and northeast Michigan.
Bank subsidiaries include: Firstbank - Alma; Firstbank (Mt.
Pleasant); Firstbank - West Branch; Firstbank - Lakeview and
Firstbank - St. Johns. Other corporate affiliates include 1st
Armored, Inc.; 1st Title; Gladwin Land Company, Inc. and C.A. Hanes
Realty, Inc. Investment Services are available through affiliations
with Citizens Bank Wealth Management, MML Investors Services, Inc.,
and Raymond James Financial Services Inc. DATASOURCE: Firstbank
Corporation CONTACT: Samuel G. Stone, Executive Vice President and
Chief Financial Officer of Firstbank Corporation, +1-989-466-7325
Web site: http://www.firstbank-corp.com/
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