CHESAPEAKE, Va., May 10, 2013 (GLOBE NEWSWIRE) -- Monarch Financial Holdings, Inc. (Nasdaq:MNRK), the holding company for Monarch Bank, announced a 20% increase in the quarterly common stock cash dividend at its annual shareholder meeting. The Board of Directors declared a regular quarterly cash dividend of $0.06 per common share, payable on May 31, 2013, to shareholders of record on May 20, 2013. The amount and declaration of future cash dividends is subject to Board of Director's approval in addition to regulatory restrictions.
Monarch Financial Holdings Announces 20% Increase In Quarterly Cash Dividends On Common Stock
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