Firstbank Corporation Announces Second Quarter Cash Dividend
April 27 2004 - 9:33AM
PR Newswire (US)
Firstbank Corporation Announces Second Quarter Cash Dividend ALMA,
Mich., April 27 /PRNewswire-FirstCall/ -- Thomas R. Sullivan,
President and Chief Executive Officer of Firstbank Corporation ,
announced today that a $0.21 per share quarterly cash dividend will
be paid June 17, 2004, to shareholders of record as of May 28,
2004. The rate of $0.21 per share is an increase from the $0.20 per
share paid in March of 2004, and, combined with the impact of the
5% stock dividend paid on December 31, 2003, the cash dividend to
be paid on June 17, 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 $772 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 CB 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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