Baylake Corp. Declares Dividend
| August 9, 2006 Sturgeon Bay, WI-- |
Baylake Corp. (OTC Bulletin Board: BYLK)
announced that its Board of Directors on July 25,
2006 declared a quarterly dividend of $0.16 per share on the
company's common stock. The dividend is
payable on September 15, 2006 to shareholders
of record on September 1, 2006. This dividend, on an annualized
basis, represents a 6.67% increase over the
$0.60 per share dividends paid on the
Company's stock in 2005.
Baylake Corp., the holding company for Baylake Bank, serves Northeast and Central Wisconsin from 27 community financial centers throughout Brown, Door, Green Lake, Kewaunee, Manitowoc, Outagamie, Waupaca and Waushara Counties. |
