Merrill Merchants Bancshares, Inc. Declares an 18% Increase in Cash Dividend
16 Setembro 2005 - 1:58PM
Business Wire
Edwin N. Clift, Chairman and Chief Executive Officer of Merrill
Merchants Bancshares, Inc. (the "Company") (NASDAQ:MERB), the
parent company of Merrill Merchants Bank, announced that the
Company has declared a cash dividend of $ .16 per share on the
Company's common stock for the third quarter of 2005. This is an
increase of 18% over last year's third quarter dividend. The cash
dividend will be payable to all shareholders of record as of
October 14, 2005, and will be paid on October 31, 2005. The
Company's subsidiary, Merrill Merchants Bank is headquartered in
Bangor, Maine. Merrill Merchants Bank provides consumer,
commercial, and trust and investment services through its eleven
locations in Central and Eastern Maine. The Bank is a "Preferred
Lender" of the Small Business Administration.
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