Bank Mutual Corporation(NASDAQ:BKMU) Declares Dividend of $0.0550.

Bank Mutual Corporation (NASDAQ:BKMU) had declared a cash dividend of $0.0550 on Aug 1, 2016. The shares will quote ex-dividend on Aug 10, 2016 and the record date has been fixed for Aug 12, 2016. On Aug 1, 2016 share price, the yield comes out to be 2.8834%. The dividend payable date has been fixed on Aug 29, 2016.

Bank Mutual Corporation (BKMU) shares turned negative on Mondays trading session with the shares closing down -0.07 points or -0.91% at a volume of 50,824. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $7.69. The peak price level was also seen at $7.69 while the days lowest was $7.59. Finally the shares closed at $7.61. The 52-week high of the shares is $8.495 while the 52-week low is $6.44. According to the latest information available, the market cap of the company is $347 M.

Bank Mutual Corporation(BKMU) last announced its earnings results on Jul 20, 2016 for Fiscal Year 2016 and Q2.Company reported revenue of $24.53M. Analysts had an estimated revenue of $23.59M. Earnings per share were $0.09. Analysts had estimated an EPS of $0.08.

Several Insider Transactions has been reported to the SEC. On May 4, 2016, Mark C Herr (director) sold 2,500 shares at $8.17 per share price.Also, On Feb 25, 2016, Michael W Dosland (Senior Vice President-CFO) sold 9,400 shares at $7.38 per share price.On Sep 10, 2015, Gregory A Larson (Senior VP of Bank Mutual) purchased 800 shares at $7.14 per share price, according to the Form-4 filing with the securities and exchange commission.

Bank Mutual Corporation is a savings and loan holding company. The Company owns 100% of the common stock of Bank Mutual (the Bank). The Bank is engaged in the business of community banking which includes attracting deposits from and making loans to the general public and private businesses as well as governmental and non-profit entities. In addition to deposits the Bank obtains funds through borrowings from the Federal Home Loan Bank (FHLB) of Chicago. These funding sources are used to originate loans including commercial and industrial loans multi-family residential loans non-residential commercial real estate loans one- to four-family loans home equity loans and other consumer loans. From time-to-time the Bank also purchases and/or participates in loans from third-party financial institutions and is an active seller of residential loans in the secondary market. It also invests in mortgage-related and other investment securities.

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