Bank Mutual Corporation Increases Quarterly Cash Dividend 7.7% to $0.07 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 $0.07 per share, an increase of 7.7% over last quarter's cash dividend of $0.065 per share. This cash dividend of $0.07 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 12.0% increase over the cash dividends paid in 2005. The cash dividend will be payable March 1, 2006 to shareholders of record on February 16, 2006. The quarterly cash dividend of $0.07 is the twenty-first consecutive 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 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 December 31, 2005 of $3.4 billion. Its subsidiary bank, Bank Mutual, operates 73 offices in the state of Wisconsin and one office in Minnesota. |
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