MIDDLEBURG, Va., July 29, 2015 /PRNewswire/ -- The board of
directors of Middleburg Financial Corporation (NASDAQ: MBRG) today
announced a $0.13 per common share
cash dividend for shareholders of record as of August 14, 2015, and payable on August 28, 2015. This represents a dividend
increase of $.03 or 30% per share.
Gary R. Shook, President and Chief
Executive Officer of Middleburg Financial Corporation commented,
"We are certainly quite pleased to pass along a portion of our
improved earnings in the form of a dividend increase for our
shareholders. With this increase we are comfortable that we are
well capitalized and able to handle the Company's continued growth
going forward."
Middleburg Financial Corporation is headquartered in
Middleburg, Virginia and has two
wholly owned subsidiaries, Middleburg Bank and Middleburg
Investment Group, Inc. Middleburg Bank serves communities in
Virginia with financial centers in
Ashburn, Leesburg, Marshall, Middleburg, Purcellville, Reston, Richmond, Warrenton and Williamsburg. Middleburg Investment Group owns
Middleburg Trust Company. Middleburg Trust Company is headquartered
in Richmond, Virginia with offices
in Williamsburg, Alexandria and Middleburg.
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SOURCE Middleburg Financial Corporation