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Comment & Analysis

Thursday July 2, 10:15 PM
BRIEF-Middleburg reduces dividend -filing

July 2 (Reuters) - Middleburg Financial Corp (MBRG - news) :

* Reduces quarterly dividend by 47 percent to $0.10 per share

* Says dividend move a 'temporary reduction'

* Says earnings not likely to justify historical dividend rate over the next

several quarters

* Says business conditions, economy have not shown signs of sustained

improvement

((New York Equities Desk; tel: +1 646 223 6000))

(For more news about Middleburg Financial Corp click here:)

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