MIDLAND, Mich., April 15 /PRNewswire-FirstCall/ -- Aloysius J. Oliver,
Chairman of Chemical Financial Corporation (Nasdaq: CHFC), announced that
today, April 15, 2002, the board of directors of the Company declared a
quarterly cash dividend of $0.24 per share of common stock payable on Friday,
June 21, 2002, to shareholders of record on June 7, 2002.  The ex-dividend
date is June 5, 2002.
    Chemical Financial Corporation is the fourth largest bank holding company
headquartered in Michigan.  The Company's four Subsidiary Banks operate 128
"Chemical Bank" offices and 2 loan production offices spread over 33 counties
in the lower peninsula of Michigan.  CFC Data Corp, Midland, is the Company's
wholly owned data processing subsidiary.
    Chemical Financial Corporation common stock trades on the Nasdaq Stock
Market under the symbol "CHFC".

Link to this page:

  

http://www.prnewswire.com/comp/157448.html
CONTACT:
David B. Ramaker, President & CEO of Chemical
Financial Corporation, +1-989-839-5269

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