Firstbank Corporation Announces Second Quarter Cash Dividend
April 26 2005 - 11:24AM
PR Newswire (US)
Firstbank Corporation Announces Second Quarter Cash Dividend ALMA,
Mich., April 26 /PRNewswire-FirstCall/ -- Thomas R. Sullivan,
President and Chief Executive Officer of Firstbank Corporation
(NASDAQ:FBMI), announced today that a $0.22 per share quarterly
cash dividend will be paid June 16, 2005, to shareholders of record
as of May 27, 2005. The $0.22 per share is an increase from the
$0.21 per share paid in March of 2005. This increase, combined with
the 5% stock dividend paid on December 31, 2004, represents a 10%
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 $814 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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