Isabella Bank Corporation Increases Fourth Quarter 2022 Dividend

MT. PLEASANT, Mich., Dec. 7, 2022 /PRNewswire/ -- Isabella Bank Corporation (OTCQX: ISBA) today announced its Board of Directors declared a fourth-quarter cash dividend of $0.28 per common share at its regular meeting on November 30, 2022. The $0.28 dividend represents a $0.01 or 3.7% increase from the third quarter dividend and brings year-to-date dividends to $1.09. The dividend will be payable December 16, 2022, to shareholders of record as of December 14, 2022. Based on ISBA's closing stock price of $22.70 per share as of November 30, 2022, the annualized cash dividend yield is 4.93%.

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