MIDLAND, Mich., May 15 /PRNewswire/ -- Alan W. Ott, Chairman of Chemical
Financial Corporation (Nasdaq: CHFC) announced that today, May 15, 2000, the
board of directors of the Company declared a quarterly cash dividend of $0.22
per share of common stock payable on Friday, June 16, 2000, to shareholders of
record on June 2, 2000. The ex-dividend date is May 31, 2000.
Chemical Financial Corporation, one of the largest bank holding companies
in Michigan, operates ten subsidiary Banks having 88 "Chemical Bank" offices
in 24 counties across the mid-section of Michigan's lower peninsula. 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".
SOURCE Chemical Financial Corporation
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CONTACT:
Aloysius J. Oliver, 517-839-5352, or Lori A.
Gwizdala, 517-839-5358, both of Chemical Financial Corporation
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