Bank Mutual Corporation Increases Quarterly Cash Dividend 25% to $0.05 Per Share.MILWAUKEE -- 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 $0.05 per share, up 25% over last quarter's cash dividend of $0.04 per share. This cash dividend of $0.05 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 represents a 66.7% increase over the cash dividends paid 2003. The cash dividend will be payable September 1, 2004 to shareholders of record on August 19, 2004. The quarterly cash dividend of $0.05 is the fifteenth In music, a fifteenth (sometimes abbreviated 15ma) is the interval between one musical note and another with one-quarter or quadruple the frequency. It corresponds to two octaves. It is the fourth harmonic. cash dividend paid by Bank Mutual Corporation since becoming a capital stock organization in November 2000. 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. (R) under the symbol "BKMU." The Company is the fifth largest banking institution headquartered in the state of Wisconsin, with assets at June 30, 2004 of $3.1 billion. Its subsidiary bank, Bank Mutual, operates 70 offices in the state of Wisconsin and one office in Minnesota. |
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