North Dallas Bank & Trust Co. Declares $0.25 Per Share Dividend

Rhea-AI Summary

On September 21, 2021, the Board of Directors of North Dallas Bank & Trust Co. (OTCBB: NODB) declared a dividend of $0.25 per share. This dividend is payable to shareholders of record as of October 1, 2021, with payment scheduled for October 8, 2021. The dividend reflects the bank's current financial status, though it does not guarantee future dividends. North Dallas Bank & Trust Co. has total assets of $1.6 billion and operates five locations in the Dallas area.

Positive

• Declared a dividend of $0.25 per share, indicating confidence in financial stability.
• Total assets amount to $1.6 billion, reflecting significant financial strength.

Negative

• Dividend declaration is not a guarantee for future payments, indicating potential uncertainty.
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DALLAS, Sept. 22, 2021 (GLOBE NEWSWIRE) -- On September 21, 2021 the North Dallas Bank & Trust Co. (OTCBB: NODB) Board of Directors declared a $0.25 per share dividend. The dividend is payable to shareholders of record as of October 1, 2021 and will be paid on October 8, 2021.

North Dallas Bank & Trust Co. is an independent bank established in 1961 with five locations in north Dallas and surrounding area. The current dividend is based on North Dallas Bank & Trust Co.’s current financial condition and is not a guarantee that dividends will continue to be paid in the future. Please direct any questions to Glenn Henry, Executive Vice President and CFO.

Assets $1.6B.

Contact:
Glenn Henry, EVP and CFO
972.716.7100

FAQ

What is the dividend amount for North Dallas Bank & Trust Co. (NODB)?

The dividend amount is $0.25 per share.

When is the dividend payable for NODB?

The dividend will be paid on October 8, 2021.

Who is eligible for the NODB dividend?

Shareholders of record as of October 1, 2021, are eligible.

What are the total assets of North Dallas Bank & Trust Co.?

The bank has total assets of $1.6 billion.

Will North Dallas Bank & Trust Co. continue paying dividends in the future?

The current dividend reflects the bank's financial condition but is not a guarantee of future payments.