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Should You Avoid Investing In Banks Now?

Thu, 03 Sep 2009 16:52:15 GMT

While the Federal Deposit Insurance Corporation is busy taking over troubled banks, prudent investors can position themselves appropriately to profit from bank stocks. Learn more on bank mutual funds, bank ETFs, and best bank stocks to buy now.[More...]

Bank Mutual cuts dividend by two cents

Tue, 03 Nov 2009 22:47:00 GMT

Nov. 3--Bank Mutual Corp. said Tuesday it will pay a quarterly cash dividend of seven cents per share -- two cents less than its previous dividend.
Michael T. Crowley Jr., chairman, president and chief executive of Bank Mutual, said the lower dividend was set "in light of an evolving regulatory environment that is becoming stricter, our results over the past several quarters, the current marketplace and the desire to maintain a strong capital position."
"While we believe that it is appropriate to set a dividend in an amount that is better aligned to current conditions, we also continue to believe that it is in the best interests of Bank Mutual and its shareholders to maintain our flexibility to repurchase shares in appropriate circumstances to help maintain capital at an appropriate level," Crowley said in a statement.

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Should You Avoid Investing In Banks Now?

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Form 4 OLSON ROBERT B For: Aug 06 (10K)

Form 4 SWOBODA JELMER G For: Aug 06 (10K)

Form 4 LOPINA THOMAS J SR For: Jun 17 (10K)

Form 4 HERR MARK C For: Jun 17 (10K)

Form 4 HERR MARK C For: May 29 (10K)

Form 3 Schroeder Richard L For: May 22 (10K)

Form 4 MAURER EUGENE H JR For: Mar 12 (10K)

Form 4 MAURER EUGENE H JR For: Mar 10 (10K)

Form 4 BROWN RICHARD ALLEN For: Feb 12 (10K)

Form 4 Crowley Michael T Jr For: Feb 06 (10K)