MIDLAND, Mich., Feb. 22, 2011 (GLOBE NEWSWIRE) -- Chemical Financial Corporation (Nasdaq:CHFC) today announced that the Board of Directors of the Company declared a first quarter 2011 cash dividend on its common stock of $0.20 per share. The first quarter 2011 dividend will be payable on March 18, 2011, to shareholders of record on March 4, 2011. The ex-dividend date is March 2, 2011. Chemical Financial Corporation is the second-largest commercial bank holding company headquartered in Michigan. The Company operates through a single subsidiary bank, Chemical Bank, with 142 banking offices spread over 32 counties in the lower peninsula of Michigan. At December 31, 2010, the Company had total assets of $5.2 billion. Chemical Financial Corporation's common stock trades on The Nasdaq Stock Market under the symbol CHFC and is one of the issues comprising the Nasdaq Global Select Market. More information about Chemical is available by visiting the investor relations section of its website at www.chemicalbankmi.com .
CONTACT: David B. Ramaker, CEO Lori A. Gwizdala, CFO 989-839-5350