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MBT Financial board increases quarterly dividend

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MBT Financial board increases quarterly dividend

MBT Financial Corp. on July 26 announced a quarterly dividend of 10 cents per common share, up from the previous payout of 7 cents per share.

The dividend will be paid Aug. 16 for shareholders of record as of Aug. 9.

The company also posted net profit of about $4.9 million, or 21 cents per share, for the second quarter, up from $3.6 million, or 16 cents per share, earned in the year-ago period.