Bank Mutual Corporation Increases Quarterly Cash Dividend 7.1% to $0.075 Per Share.

MILWAUKEE Milwaukee (mĭlwŏk`ē), city (1990 pop. 628,088), seat of Milwaukee co., SE Wis., at the point where the Milwaukee, Menominee, and Kinnickinnic rivers enter Lake Michigan; inc. 1846. -- 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 $0.075 per share, up 7.1% over last quarter's cash dividend of $0.07 per share. This cash dividend of $0.075 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 20.0% increase over the cash dividends paid in 2005. The cash dividend will be payable September September: see month. 1, 2006 to shareholders of record on August 17, 2006.

The quarterly cash dividend of $0.075 is the twenty-third consecutive quarterly cash dividend paid by Bank Mutual Corporation since becoming a capital stock organization in November 2000.

Bank Mutual Corporation is traded on The NASDAQ Global Select Market(SM) under the symbol "BKMU." The Company is the fourth largest banking institution headquartered in the state of Wisconsin Wisconsin, state, United States
Wisconsin (wĭskŏn`sən, –sĭn), upper midwestern state of the United States. It is bounded by Lake Superior and the Upper Peninsula of Michigan, from which it is divided by the Menominee , with assets at June 30, 2006 of $3.5 billion. Its subsidiary bank, Bank Mutual, operates 74 offices in the state of Wisconsin and one office in Minnesota.

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Comment:	Bank Mutual Corporation Increases Quarterly Cash Dividend 7.1% to $0.075 Per Share.
Publication:	Business Wire
Geographic Code:	1USA
Date:	Aug 7, 2006
Words:	164
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Topics:	Banking industry Banks (Finance) Dividends

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