MINNEAPOLIS, June 2, 2011 /PRNewswire/ -- M&I Bank, Minnesota Region, has announced the establishment of a relief fund for victims of the tornado that destroyed homes and other property throughout Minnesota. Donations to the "The American Red Cross FBO Minnesota Tornado Relief" fund can be made at any M&I Bank location. Funds will be administered by the American Red Cross. M&I Bank will match the total funds donated through June 30, up to $2,500. M&I Bank is an affiliate of Marshall & Ilsley Corporation (NYSE: MI), a diversified financial services corporation headquartered in Milwaukee, Wis., with $49.6 billion in assets. Founded in 1847, M&I Marshall & Ilsley Bank is the largest Wisconsin-based bank, with 188 offices throughout the state. In addition, M&I has 53 locations throughout Arizona; 36 offices along Florida's west coast and in central Florida; 33 offices in Indianapolis and nearby communities; 26 offices in metropolitan Minneapolis/St. Paul, and one in Duluth, Minn.; 17 offices in the greater St. Louis area; 15 offices in Kansas City and nearby communities; and one office in Las Vegas, Nev. M&I also provides trust and investment management, equipment leasing, mortgage banking, asset-based lending, financial planning, investments, and insurance services from offices throughout the country and on the Internet ( www.mibank.com or www.micorp.com). SOURCE M&I Bank
Marshall & Ilsley Corp (NYSE:MI) is trading at unusually high volume Tuesday with 45.1 million shares changing hands. It is currently at 9.1 times its average daily volume and trading down 17 cents (-2.1%).
The ex-dividend date for Marshall & Ilsley Corp (NYSE:MI) is tomorrow, May 10, 2011. Owners of shares as of market close today will be eligible for a dividend of one cent per share. At a price of $7.79 as of 10:57 a.m., the dividend yield is 0.5%.