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8-K - FORM 8-K - CITIZENS & NORTHERN CORPv319055_8k.htm

 

Exhibit 99.1

 

  Contact:  Yvonne Gill
July 19, 2012 570-724-0247
  yvonneg@cnbankpa.com

 

 

CITIZENS & NORTHERN CORPORATION DECLARES DIVIDEND

 

FOR IMMEDIATE RELEASE

 

WELLSBORO, PA - Directors of Citizens & Northern Corporation, parent company of Citizens & Northern Bank, have declared a regular quarterly cash dividend of $0.22 per share. The record date is August 1, 2012 and it is payable on August 13, 2012 to shareholders of record. The amount is increased from the previous dividend of $0.20 per share, which was paid in May, 2012, and is the tenth consecutive quarterly increase in the dividend.

 

Declaration of the dividend was made at the July 19, 2012 meeting of the C&N Board of Directors.

 

Citizens & Northern Corporation is the parent company of Citizens & Northern Bank. Citizens & Northern Bank is a local, independent community bank providing complete financial, investment and insurance services through 26 full service offices throughout Bradford, Cameron, Lycoming, Potter, McKean, Steuben, Sullivan and Tioga Counties. C&N can be found on the worldwide web at www.cnbankpa.com. The Corporation’s stock is listed on NASDAQ Capital Market Securities under the symbol CZNC.