Printer Friendly

REPUBLIC BANCORP DECLARES COMMON STOCK CASH DIVIDEND AND STOCK DIVIDEND

REPUBLIC BANCORP DECLARES COMMON STOCK CASH DIVIDEND AND STOCK DIVIDEND
 ANN ARBOR, Mich., Aug. 24 /PRNewswire/ -- The board of directors of Republic Bancorp Inc. (NASDAQ-NMS: RBNC), at its regular monthly board meeting in August, declared a quarterly cash dividend of $.05 per share on common stock payable on Oct. 9, 1992, to shareholders of record Sept. 4, 1992. Additionally, the board approved a 10-percent stock dividend to be issued Oct. 30, 1992, to shareholders of record Sept. 30, 1992. It is anticipated the quarterly cash dividend will remain at $.05 per common share, in effect resulting in a 10-percent increase in the quarterly dividend.
 Republic Bancorp Inc. is a $547 million registered bank holding company with headquarters in Ann Arbor. The company owns seven subsidiaries: Republic Bank with offices in Flint Township, Grand Blanc and Owosso; Republic Bank Ann Arbor; Republic Bank - Central with six offices in the Lansing area; Republic Bank - North with five offices in the Traverse City area; Republic Bank S.E. in Bloomfield Hills, Grosse Pointe Farms and Mount Clemens; Premier Bancorporation, Inc., with eight offices in the Jackson area and one office in Kalamazoo; and Republic Bancorp Mortgage Inc. of Farmington Hills, Mich. Republic Bancorp Mortgage Inc. has six offices in Michigan and one each in West Des Moines, Iowa, Centerville and Westlake, Ohio, and Mt. Laurel, N.J.
 Republic Bancorp Inc. common stock is traded in the over-the-counter market and quoted on the NASDAQ National Market System under the symbol RBNC.
 -0- 8/24/92
 /CONTACT: Dana M. Cluckey of Republic Bancorp, 517-725-7337/
 (RBNC) CO: Republic Bancorp Inc. ST: Michigan IN: FIN SU: DIV


ML -- DE014 -- 2649 08/24/92 14:36 EDT
COPYRIGHT 1992 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1992 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Aug 24, 1992
Words:279
Previous Article:FLORIDA POWER & LIGHT STORM RESTORATION PRIORITIES
Next Article:RML ANNOUNCES CHANGE OF NAME TO IMUTEC CORPORATION
Topics:


Related Articles
REPUBLIC BANCORP DECLARES COMMON STOCK CASH DIVIDEND
SECURITY BANCORP, INC. ANNOUNCES COMMON AND PREFERRED DIVIDENDS
REPUBLIC BANCORP DECLARES PREFERRED STOCK DIVIDEND
HOME PORT BANCORP, INC. DECLARES QUARTERLY CASH DIVIDEND
REPUBLIC BANCORP DECLARES PREFERRED AND COMMON STOCK DIVIDENDS
HOME PORT BANCORP, INC. DECLARES QUARTERLY CASH DIVIDEND
REPUBLIC BANCORP DECLARES COMMON STOCK CASH DIVIDEND
REPUBLIC BANCORP DECLARES COMMON STOCK CASH DIVIDEND
REPUBLIC BANCORP DECLARES COMMON STOCK CASH DIVIDEND
REPUBLIC BANCORP DECLARES COMMON STOCK CASH DIVIDEND

Terms of use | Copyright © 2016 Farlex, Inc. | Feedback | For webmasters