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SOURCE Baylake Corp.
STURGEON BAY, Wis., Oct. 16, 2013 /PRNewswire/ -- Baylake Corp. (OTCQB: BYLK), the parent company for Baylake Bank, is pleased to announce that its Board of Directors on October 15, 2013 declared a quarterly dividend of $0.07 per share on the Company's common stock; an increase of $0.01 per share. The dividend is payable on December 2, 2013 to shareholders of record on November 11, 2013. This dividend represents the sixth dividend increase declared by Baylake Corp. in eight consecutive quarters.
Baylake Corp., the holding company for Baylake Bank, serves Northeast and Central Wisconsin from 22 community financial centers throughout Brown, Door, Green Lake, Kewaunee, Outagamie, and Waushara Counties.