2011 First Quarter Dividend Report
Ithaca, Michigan, March 3, 2011—
Jeffrey S. Barker, President and CEO of Commercial Bank and its holding company, Commercial National Financial Corporation, announced that on March 2, 2011, the corporation’s Board of Directors declared a cash dividend of 13 cents per share. The dividend will be paid on April 1, 2011, to shareholders of record as of March 16, 2011. This dividend represents an annualized yield of 6.1% based upon recent common stock prices.
Commercial Bank operates full service banking offices in Alma, Greenville, Hastings, Ithaca, Lake Odessa, Middleton, Mount Pleasant, and St. Louis.
Contact:
Daniel E. Raleigh
Vice President
989-875-5504
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