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Xtend returns dividend raises price
GRAND RAPIDS, Mich. (1/24/11)--Xtend, a Grand Rapids, Mich.-based credit union service organization, declared its first-ever dividend and raised its stock price. Xtend provides an array of managerial, operational, marketing, technical planning and consulting services for credit unions. The company released its final audited financials to its 52 stockholders on Dec. 7 along with a dividend of 3%. Xtend’s board of directors also voted to increase the price of the company’s stock for the first time since 2008. The new stock price of $19,500 for an ownership block of 200 shares became effective Jan. 1.


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