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ISBA declares 4Q USD0.25 dividend.

BANKING AND CREDIT NEWS-November 29, 2016-ISBA declares 4Q USD0.25 dividend

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Mt. Pleasant, Michigan-based Isabella Bank Corporation (OTCQX:ISBA) board of directors has declared a fourth quarter cash dividend of USD0.25 per common share, the company said.

The dividend will be payable on December 30, 2016 to shareholders of record as of December 27, 2016.

Based on ISBA's closing stock price of USD27.80 as of November 21, 2016, the annualized cash dividend yield is 3.53%.

Isabella Bank Corporation is the bank holding company for Isabella Bank. the bank operates 29 banking offices in seven counties including Clare, Gratiot, Isabella, Mecosta, Midland, Montcalm, and Saginaw.

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Publication:M2 Banking & Credit News (BCN)
Date:Nov 29, 2016
Words:126
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