MIDLAND, Mich., Nov. 15 /PRNewswire/ -- Alan W. Ott, Chairman of Chemical
Financial Corporation (Nasdaq: CHFC), announced that today, November 15, 1999,
the board of directors of the Company declared a quarterly cash dividend of
$0.21 per share of common stock payable on Friday, December 17, 1999, to
shareholders of record on December 3, 1999. The ex-dividend date is December
1, 1999.
Chemical Financial Corporation, one of the largest bank holding companies
in Michigan, operates ten subsidiary banks having 87 "Chemical Bank" offices
in 24 counties across the midsection of Michigan's Lower Peninsula. CFC Data
Corp., Midland, is the corporation'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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800-758-5804, ext. 157448
CONTACT:
Aloysius J. Oliver of Chemical Financial
Corporation, 517-839-5352
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