Bank Mutual Corporation Announces Quarterly Cash Dividend of $0.10 Per Share.Business Editors MILWAUKEE, Wis adv. 1. Certainly; really; indeed. v. t. 1. To think; to suppose; to imagine; - used chiefly in the first person sing. present tense, I wis. See the Note under Ywis. .--(BUSINESS WIRE)--May 5, 2003 Bank Mutual Corporation (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :BKMU) today announced that the Board of Directors has declared a quarterly cash dividend of $0.10 per share. On an annualized annualized Of or relating to a variable that has been mathematically converted to a yearly rate. Inflation and interest rates are generally annualized since it is on this basis that these two variables are ordinarily stated and compared. basis, this cash dividend represents a 17.6% increase over the cash dividends paid in 2002. The cash dividend will be payable June 3, 2003 to shareholders of record on May 21, 2003. The quarterly cash dividend of $0.10 is the tenth cash dividend paid by Bank Mutual Corporation since becoming a capital stock organization in November 2000. Total assets for Bank Mutual Corporation were $2.85 billion at March 31, 2003. At the same date, Shareholders' Equity Shareholders' Equity A firms' total assets minus its total liabilities. Equivalently, it is share capital plus retained earnings minus treasury shares. Shareholders' equity is the amount by which a company is financed through common and preferred shares. was $315.3 million or a book value of $14.73 per share. Bank Mutual Corporation is traded on the NASDAQ Stock Market Nasdaq stock market The first electronic stock market listing over 5000 companies. The Nasdaq stock market comprises two separate markets, namely the Nasdaq National Market, which trades large, active securities and the Nasdaq Smallcap Market that trades emerging growth companies. under the symbol "BKMU". It is the fifth largest financial institution holding company headquartered in the state of Wisconsin. Its subsidiary, Bank Mutual, operates 69 offices in the state of Wisconsin and one office in Minnesota. |
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