Firstbank Corporation Announces Fourth Quarter Cash Dividend
October 28 2003 - 11:28AM
PR Newswire (US)
Firstbank Corporation Announces Fourth Quarter Cash Dividend ALMA,
Mich., Oct. 28 /PRNewswire-FirstCall/ -- Thomas R. Sullivan,
President and Chief Executive Officer of Firstbank Corporation,
announced today that a $0.20 per share quarterly cash dividend will
be paid December 11, 2003, to shareholders of record as of November
26, 2003. The rate of $0.20 per share is unchanged from the rate
paid in September of 2003. Combined with the impact of the 5% stock
dividend paid on December 31, 2002, the cash dividend to be paid on
December 11, 2003, represents a 10.5% 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 $765 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 N.A., MML Investors Services, Inc., Raymond James
Financial Services Inc., and SunAmerica Securities Inc. DATASOURCE:
Firstbank Corporation CONTACT: Samuel G. Stone, Executive Vice
President & Chief Financial Officer of Firstbank Corporation,
+1-989-466-7325 Web site: http://www.firstbank-corp.com/
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