ALPENA, Mich., Dec. 12 /PRNewswire-FirstCall/ -- First Federal of Northern Michigan Bancorp, Inc. (the "Company") announced the approval by its Board of Directors of a cash dividend on its common stock of $0.05 per share for the quarter ended December 31, 2006. The dividend will be payable to stockholders of record as of December 31, 2006 and will be paid on January 19, 2007. The Company has 3,034,999 shares of common stock outstanding.
The Company is the unitary savings and loan holding company of First Federal of Northern Michigan, a federal savings bank headquartered in Alpena, Michigan.
