First National Bank Alaska Declares Dividend for First Quarter 2022

Rhea-AI Summary

On January 27, 2022, First National Bank Alaska (OTCQX:FBAK) declared a cash dividend of $3.20 per share. This dividend is payable on March 15, 2022, to shareholders of record as of March 1, 2022. The decision reflects the bank's commitment to returning value to its shareholders amidst ongoing performance in the financial sector.

Positive

• Declaring a cash dividend of $3.20 per share indicates confidence in ongoing profitability.
• The scheduled payment reinforces shareholder value and trust in the bank's financial health.

Negative

• None.

ANCHORAGE, Alaska--(BUSINESS WIRE)-- At the Board of Directors Meeting held January 27, 2022, First National Bank Alaska (OTCQX:FBAK) declared a cash dividend of $3.20 per share, payable on March 15, 2022, to shareholders of record as of March 1, 2022.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220128005568/en/

Cheri Gillian

Secretary to the Board of Directors

907-777-3409

http://www.FNBAlaska.com

Source: First National Bank Alaska

FAQ

What is the dividend amount declared by FBAK?

First National Bank Alaska declared a dividend of $3.20 per share.

When will the dividend for FBAK be paid?

The dividend will be payable on March 15, 2022.

What is the record date for the FBAK dividend?

The record date for the dividend is March 1, 2022.

How frequently does FBAK pay dividends?

The press release does not specify the frequency of dividend payments.

How does the FBAK dividend impact shareholders?

The dividend payment is a direct return on investment, reinforcing shareholder value.