From Earlier: Monarch Financial Holdings Increases in Quarterly Cash Dividends by 25% to $0.05
Monarch Financial Holdings, Inc. (Nasdaq: MNRK) announced a 25% increase in the quarterly common stock cash dividend at its annual shareholder meeting. The Board of Directors declared a regular quarterly cash dividend of $0.05 per common share, payable on May 31, 2012, to shareholders of record on May 17, 2012.
The amount and declaration of future cash dividends is subject to Board of Director's approval in addition to regulatory restrictions.
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