Middlefield Banc Corp. Announces 2023 First-Quarter Cash Dividend Payment

MIDDLEFIELD, Ohio, Feb. 14, 2023 (GLOBE NEWSWIRE) -- Middlefield Banc Corp. (NASDAQ: MBCN) today announced its Board of Directors declared a quarterly cash dividend of $0.20 per common share. The first quarter dividend is payable on March 15, 2023, to shareholders of record on March 3, 2023. The 2023 first-quarter dividend payment represents a 17.6% increase over the 2022 first-quarter cash dividend payment.