Mackinac Financial Corporation (NASDAQ:MFNC) Ex-Dividend Date Scheduled For July 2, 2020

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Mackinac Financial Corporation (NASDAQ:MFNC) will begin trading ex-dividend on July 2, 2020. The 2Q20 dividend payment of $ 0.14 per share is scheduled to be paid on July 20, 2020. Shareholders who purchased MFNC prior to the ex-dividend date are eligible for the cash dividend payment.

Dividends History
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Stock Performance

According to the previous trading day, closing price of MFNC was $ 10.39, representing a 59.36 % increase from the 52 week low of $ 6.52 and a 41.46 % decrease over the 52 week high of $ 17.75.

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The company has a market capital of $ 109.44 million and is part of the Financial Services sector and Banks – Regional – US industry.

Mackinac Financial Corporation operates as the bank holding company for mBank that provides commercial and retail banking products and services in the United States. It offers interest bearing and non-interest bearing accounts, such as commercial and retail checking accounts, negotiable order of withdrawal accounts, money market accounts, individual retirement accounts, regular interest-bearing statement savings accounts, certificates of deposit, time deposits, and interest bearing transaction accounts. The company provides loan products include provides commercial loans to entities within real estate — operators of nonresidential buildings industry; consumer loan products comprising installment, mortgages, and home equity loans, as well as residential mortgage loans; and commercial and governmental lease financing.