M&F to pay dividend of a penny per share

KOSCIUSKO – First M&F Corp., the parent company of First M&F Bank, will pay a dividend of 1 cent a share on Sept. 30 to shareholders of record as of Sept. 19.
The company recently reported second-quarter net earnings of $661,000, or 7 cents a share, compared to $826,000, or 9 cents a share for the same period a year earlier.