Business Services Industry

OAK Financial Corporation Announces 10% Stock Dividend

Business Wire, April 21, 2005

BYRON CENTER, Mich. -- OAK Financial Corporation (OTCBB:OKFC), the holding company for Byron Bank, announced that its board of directors declared a 10% stock dividend, to be paid May 31, 2005, to stockholders of record on May 16, 2005. The stock dividend follows a 20% increase in the Company's quarterly cash dividend announced in the first quarter of 2005.

OAK Financial Corporation owns Byron Bank, which operates 12 branches in West Michigan, Byron Investment Services, a full service provider of investment and retirement products, and Byron Insurance Agency, a provider of personal and commercial lines of insurance.

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COPYRIGHT 2008 Gale, Cengage Learning
 

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