Business
Add as a preferred source on GoogleITHACA, Mich., Feb. 22, 2018 -- Commercial National Financial Corporation (Pink Sheets:CEFC) announced that the Board of Directors declared a regular quarterly cash dividend of 13 cents per share payable April 2, 2018 to…
ITHACA, Mich., Feb. 22, 2018 -- Commercial National Financial Corporation (Pink Sheets:CEFC) announced that the Board of Directors declared a regular quarterly cash dividend of 13 cents per share payable April 2, 2018 to shareholders of record on March 16, 2018. Based on a recent closing price of $12.00 per share, the annualized dividend yield is 4.33%.
Contact:
Kevin Twardy
CFO and COO
(989) 875-5528
Revenue for the six months ended Aug. 31 reached $1,998,422. The company cited work on its travel-adviser and media platforms as a factor in the quarterly decline.
Revenue excluding fuel surcharges increased 13%, while operating income rose 2% to $247.1 million.
InfoLink ranked HiTHIUM second in first-half cell shipments and forecast 1,026 GWh in global energy storage cell shipments for 2026.
