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MILLERSBURG, Pa., Dec. 13, 2012 (GLOBE NEWSWIRE) -- The Board of Directors of Mid Penn Bancorp, Inc. ("Mid Penn") (Nasdaq:MPB) has declared a dividend of $0.05 per common share on expected fourth quarter 2012 earnings. The dividend will be payable on December 31, 2012, to shareholders of record as of December 24, 2012.
"Due to the potential changes in the tax code in 2013, Mid Penn is providing shareholders early payment of the dividend which traditionally would be paid in the first quarter," said Mid Penn Bank President and CEO Rory G. Ritrievi. "We make it a priority to provide our shareholders with a meaningful return, and our Board of Directors is pleased to be taking this measure to ensure the satisfaction of our investors."
About Mid Penn Bank
Mid Penn Bank, subsidiary of Mid Penn Bancorp, Inc. (Nasdaq:MPB), has been serving Central Pennsylvania since 1868. Headquartered in Millersburg, Pa., Mid Penn Bank has 14 retail locations in Cumberland, Dauphin, Northumberland and Schuylkill Counties. The bank offers a diverse portfolio of products and services to meet personal and business banking needs of the community. To learn more about Mid Penn Bank, visit midpennbank.com.
The Mid Penn Bancorp, Inc. logo is available at
http://www.globenewswire.com/newsroom/prs/?pkgid=6428SPECIAL CAUTIONARY NOTICE REGARDING FORWARD-LOOKING STATEMENTS
Certain of the matters discussed in this press release may constitute forward-looking statements for purposes of the Securities Act of 1933, as amended, and the Securities Exchange Act of 1934, as amended, and as such may involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Mid Penn to be materially different from future results, performance or achievements expressed or implied by such forward-looking statements. The words "expect", "anticipate", "intend", "plan", "believe", "estimate", and similar expressions are intended to identify such forward-looking statements.