CNB Community Bancorp, Inc. Declares Quarterly Cash Dividend of $0.29 Per Share

Rhea-AI Summary

CNB Community Bancorp announced a quarterly cash dividend of $0.29 per share, consistent with the dividend paid in Q2 2023. The dividend will be payable on July 12, 2024, to shareholders of record as of June 28, 2024. The company continues to reward its shareholders, maintaining a steady dividend payout.

Positive

• Announced quarterly cash dividend of $0.29 per share.
• Dividend consistency with Q2 2023 indicates financial stability.
• Dividend payment date set for July 12, 2024, providing timely returns.
• Shareholders of record on June 28, 2024, qualify for the dividend.

Negative

• Dividend amount remains unchanged, indicating no growth in payouts.

HILLSDALE, Mich., June 14, 2024 /PRNewswire/ -- CNB Community Bancorp, Inc. (OTCQX:CNBB) announced that the Board of Directors has declared a quarterly cash dividend on the Company's common stock in the amount of $0.29 per share, consistent with the dividend paid for the 2^nd Quarter of 2023, payable on July 12, 2024 for shareholders of record on June 28, 2024.

About CNB Community Bancorp, Inc.
CNB Community Bancorp Inc. (OTCQX:CNBB) is a one-bank holding company.  Its subsidiary bank, County National Bank ("CNB"), is a nationally chartered full-service community bank that also offers investment management and trust services, which has been serving Southern Michigan since 1934. In 2023, CNB was ranked 43^rd in American Banker Magazine's Top 200 publicly traded banks under $2 billion and CNB has grown to over $1 billion in assets. The corporate headquarters are in Hillsdale, Michigan. CNB provides a wide array of financial products and services through its 13 full-service offices and 19 ATMs.

View original content:https://www.prnewswire.com/news-releases/cnb-community-bancorp-inc-declares-quarterly-cash-dividend-of-0-29-per-share-302172663.html

SOURCE CNB Community Bancorp, Inc.

FAQ

What dividend did CNB Community Bancorp declare for Q3 2024?

CNB Community Bancorp declared a quarterly cash dividend of $0.29 per share for Q3 2024.

When is CNB Community Bancorp paying the next dividend?

The next dividend payment date is July 12, 2024.

What is the record date for CNB Community Bancorp's Q3 2024 dividend?

The record date for the Q3 2024 dividend is June 28, 2024.

Has the dividend amount changed from CNB Community Bancorp's previous quarter?

No, the dividend amount remains unchanged from the previous quarter at $0.29 per share.