Marshall & Ilsley Corporation Announces 14.3 Percent Increase to Quarterly Cash Dividend
April 26 2005 - 12:37PM
PR Newswire (US)
Marshall & Ilsley Corporation Announces 14.3 Percent Increase
to Quarterly Cash Dividend John W. Daniels, Jr., Elected to Board
of Directors MILWAUKEE, April 26 /PRNewswire-FirstCall/ -- Marshall
& Ilsley Corporation (M&I) today announced at its Annual
Shareholders' Meeting that its board of directors has increased the
quarterly cash dividend on its common stock 14.3 percent to $.24
per share from $.21 per share. The cash dividend is payable on June
10, 2005, to shareholders of record at the close of business as of
May 27, 2005. At the meeting, John W. Daniels, Jr., was elected to
Marshall & Ilsley Corporation's board of directors. Daniels,
56, is a partner and member of the executive committee of Quarles
& Brady, L.L.P. He is also national president, American College
of Real Estate Lawyers, and a director of the Metropolitan
Milwaukee Association of Commerce, and the Medical College of
Wisconsin. The board of directors also named Mark F. Furlong,
President, Marshall & Ilsley Corporation. Furlong will also
continue to serve as President of M&I Marshall & Ilsley
Bank. In addition, the following directors were re-elected to
three-year terms: Andrew N. Baur, chairman of the board, Southwest
Bank of St. Louis, a subsidiary of Marshall & Ilsley
Corporation; John A. Mellowes, chairman and chief executive officer
of Charter Manufacturing Company, Inc.; Robert J. O'Toole, chairman
of the board, chief executive officer, and past president of A.O.
Smith Corporation; John S. Shiely, chairman of the board, president
and chief executive officer, Briggs & Stratton Corporation.
Marshall & Ilsley Corporation (NYSE:MI) is a diversified
financial services corporation headquartered in Milwaukee, Wis.,
with $41.6 billion in assets. Founded in 1847, M&I Marshall
& Ilsley Bank has the largest banking presence in Wisconsin
with 195 offices throughout the state. In addition, M&I has 35
locations throughout Arizona; 12 offices in metropolitan
Minneapolis/St. Paul, Minn.; and, locations in Duluth, Minn.; Las
Vegas, Nev.; and, Naples and Bonita Springs, Fla. M&I's
Southwest Bank affiliate has six offices in the St. Louis area and
one office in Belleville, Ill. Metavante Corporation, Marshall
& Ilsley Corporation's wholly owned technology subsidiary,
provides virtually all of the technology an organization needs to
offer financial services. M&I also provides trust and
investment management, equipment leasing, mortgage banking,
asset-based lending, financial planning, investments, and insurance
services from offices throughout the country and on the Internet (
http://www.mibank.com/ or http://www.micorp.com/ ). M&I's
customer-based approach, internal growth, and strategic
acquisitions have made M&I a nationally recognized leader in
the financial services industry. DATASOURCE: Marshall & Ilsley
Corporation CONTACT: John Presley, senior vice president, chief
financial officer, Marshall & Ilsley Corporation,
+1-414-765-7833 Web site: http://www.micorp.com/
http://www.mibank.com/
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