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Citizens Banking Corporation Declares First Quarter Cash Dividend.


Business Editors

FLINT flint, mineral
flint, variety of quartz that commonly occurs in rounded nodules and whose crystal structure is not visible to the naked eye. Flint is dark gray, smoky brown, or black in color; pale gray flint is called chert.
, Mich.--(BUSINESS WIRE)--April 18, 2000

Today, the Board of Directors of Citizens Banking Corporation (Nasdaq:CBCF CBCF Canadian Breast Cancer Foundation
CBCF Congressional Black Caucus Foundation
CBCF Community Based Corrections Facilities
CBCF Commander, Base Communications Facility
) declared a cash dividend of $.26 per share of common stock. The dividend is payable on May 10, 2000, to shareholders of record on April 25, 2000. This represents an increase of 10.6% over the previous quarterly rate of $0.23-1/2 per share. The year 2000 marks the seventeenth consecutive year of increased cash dividends to Citizens' shareholders.

Citizens Banking Corporation is a diversified financial The diversified financial services segment includes a range of consumer and commercially-oriented companies offering a wide variety of products and services, including various lending products (such as home equity loans and credit cards), insurance, and securities and investment  services company providing a full range of commercial, consumer, mortgage banking, trust and financial planning Financial planning

Evaluating the investing and financing options available to a firm. Planning includes attempting to make optimal decisions, projecting the consequences of these decisions for the firm in the form of a financial plan, and then comparing future performance against
 services to a broad client base. Citizens operates 213 branch, private banking, and financial center locations throughout Michigan, Wisconsin, Iowa, Minnesota and in suburban Chicago, Illinois.

Visit our Website at http://www.cbclientsfirst.com
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Publication:Business Wire
Geographic Code:1USA
Date:Apr 18, 2000
Words:136
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