Mauch Chunk Trust Financial declares dividend
The Board of Directors of Mauch Chunk Trust Financial Corp. declared a dividend of $.28 per share, a regular dividend of $ .18 per share and a special dividend of $.10 per share, payable December 31, 2012 to shareholders of record December 7, 2011. This action brings the annual dividend rate to $.46 per share and represents an increase of 15% over the 2011 dividend rate.
Mauch Chunk Trust Financial Corp. is the parent company of the Mauch Chunk Trust Company, a community bank with six offices in Carbon and Schuylkill County, PA. On September 30, 2012 the corporation had total assets of $313 million and shareholders' equity of $35 million.
Incorporated in 1902, Mauch Chunk Trust is the successor institution to the Second National Bank of Mauch Chunk established in 1864. For more information on Mauch Chunk Trust visit their Web-Site at www.mauchchunktrust.com