Mechanics Bank (OTC:MCHB) Announces Dividend Increase – $1,012.00 Per Share

Mechanics Bank (OTC:MCHB – Get Rating) announced a dividend on Tuesday, May 10th, Fidelity reports. Shareholders of record on Wednesday, May 18th will be given a dividend of 1012.00 per share on Friday, May 20th. The ex-dividend date is Tuesday, May 17th. This is a boost from Mechanics Bank’s previous dividend of $312.00.

OTC MCHB remained flat at $$25,250.00 during trading on Wednesday. The company has a fifty day simple moving average of $25,634.62. Mechanics Bank has a 12-month low of $25,000.00 and a 12-month high of $31,000.00.

Mechanics Bank Company Profile (Get Rating)

Mechanics Bank provides various banking services for individual clients, and small and middle-market businesses. The company offers checking and savings accounts. It also provides home loans and auto finance services; term loans and lines of credit, multi-family lending and equipment financing services, and trade services and letters of credit; and owner-occupied real estate, small business administration, and commercial real estate loans.

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