First Mid-Illinois Bancshares, Inc. Declares Special Pro-Rated Dividend, Payable on September 7, 2016
August 23, 2016 at 03:35 pm
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In preparation for the expected closing of the merger of First Clover Leaf Financial Corp. with and into First Mid-Illinois Bancshares, Inc., and in accordance with the agreement and plan of merger between the Company and First Clover Leaf, on August 23, 2016, the board of directors of the Company declared a special pro-rated dividend in the amount of $0.16 per share payable on September 7, 2016 to shareholders of record as of September 2, 2016. The $0.16 per share amount represents a pro-ration of the Company's current semi-annual dividend.
First Mid Bancshares, Inc. is a financial holding company. The Company is the parent company of First Mid Bank & Trust, N.A. (First Mid Bank)., Blackhawk Bank, First Mid Insurance Group, Inc. (First Mid Insurance) and First Mid Wealth Management Company. It is engaged in the business of banking through its wholly owned subsidiary, First Mid Bank. The Company offers insurance products and services to customers through its wholly owned subsidiary, First Mid Insurance. The Company offers trust, farm services, investment services, and retirement planning through its wholly owned subsidiary, First Mid Wealth Management Company. First Mid provides a range of financial services, including banking, wealth management, brokerage, Ag services, and insurance through a network of locations throughout Illinois, Missouri, Texas, and Wisconsin and in Indianapolis area. First Mid Wealth Management Company offers services, such as retirement planning, financial planning, and investment services.