CNB Community Bancorp, Inc. Declares Quarterly Cash Dividend of $0.27 Per Share

Rhea-AI Summary

CNB Community Bancorp, Inc. (OTC:CNBB) has declared a quarterly cash dividend of $0.27 per share, representing a $0.01 increase from the previous year. The dividend is payable on April 16, 2021. CNB is a one-bank holding company with a Bauer 5-Star rated bank, County National Bank, offering a range of financial services in South Central Michigan. In 2020, CNB was recognized as one of the Top 200 publicly traded banks under $2 billion in assets, boasting over $937 million in total assets.

Positive

• Declared quarterly cash dividend of $0.27 per share.
• Increased dividend by $0.01 from the previous year.
• Ranked 19th in Top 200 publicly traded banks under $2 billion.

Negative

• None.

HILLSDALE, Mich., March 12, 2021 /PRNewswire/ -- CNB Community Bancorp, Inc. (OTC:CNBB) announced that the Board of Directors has declared a quarterly cash dividend on the Company's common stock in the amount of $0.27 per share, an increase of $0.01 per share from the dividend paid for the 1^st Quarter of 2020, payable on April 16, 2021.

About CNB Community Bancorp, Inc.
CNB Community Bancorp Inc. (OTC:CNBB) is a one-bank holding company.  Its subsidiary bank, County National Bank ("CNB"), is a nationally chartered, Bauer 5-Star rated, full service community bank that also offers investment management and trust services, which has been serving South Central Michigan since 1934. In 2020, CNB was ranked 19^th in American Banker Magazine's Top 200 publicly traded banks under $2 billion and CNB has grown to over $937 million in assets. The corporate headquarters are in Hillsdale, Michigan.  CNB provides a wide array of financial products and services in its 12 full-service offices and 18 ATMs.

 

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SOURCE CNB Community Bancorp, Inc.

FAQ

What is the dividend amount declared by CNB Community Bancorp, Inc.?

CNB Community Bancorp, Inc. declared a quarterly cash dividend of $0.27 per share.

When will the dividend be paid to shareholders?

The dividend will be payable on April 16, 2021.

Did CNB Community Bancorp, Inc. increase its dividend?

Yes, the dividend increased by $0.01 compared to the first quarter of 2020.

What are the assets of CNB Community Bancorp, Inc.?

CNB Community Bancorp, Inc. has grown to over $937 million in assets.