Firstbank Corp. Announces $0.06/Share Cash Dividend
Thomas R. Sullivan, President and Chief Executive Officer of Firstbank Corporation (Nasdaq: FBMI), announced today that a $0.06 per share cash dividend will be paid March 28, 2013, to common stock shareholders of record as of March 12, 2013. As previously announced, the Board is returning to its former practice of establishing a regular quarterly cash dividend that reflects the expected annual earnings of the company without a once per year special dividend. The intent is for the next quarterly cash dividend on common stock to be declared in May for payment in June, with specific dates and amounts determined at the time of declaration.
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