North Dallas Bank & Trust Co. Declares Regular Dividend

Rhea-AI Summary

North Dallas Bank & Trust Co. (OTCBB: NODB) has declared a regular dividend of $0.10 per share. The dividend is payable on October 25, 2024, to shareholders of record as of October 18, 2024. This decision was made by the Board of Directors on September 17, 2024.

NDBT, founded in 1961, is an independent community bank with five banking centers in Dallas, Addison, Frisco, Las Colinas, and Plano. The bank offers authentic banking solutions, wealth management, and innovative online banking tools. However, the company notes that current dividends are based on NDBT's financial condition and are not a guarantee of future dividend payments.

Positive

• Regular dividend of $0.10 per share declared
• Consistent dividend payout indicates financial stability
• Diverse presence with five banking centers in key locations

Negative

• Dividend sustainability not guaranteed
• Dividend amount unchanged, potentially indicating growth

News Market Reaction – NODB

%

1 alert

% News Effect

On the day this news was published, NODB declined NaN%, reflecting a moderate negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

DALLAS, Sept. 18, 2024 (GLOBE NEWSWIRE) -- On September 17, 2024, the Board of Directors of North Dallas Bank & Trust Co. (OTCBB: NODB) declared a regular dividend of $0.10 per share, payable to shareholders of record as of October 18, 2024, with said dividend payable on October 25, 2024.

The current dividends are based on NDBT’s current financial condition and are not a guarantee that dividends will continue to be paid in the future. Further information about NDBT’s dividend declaration is available from Glenn Henry, Chief Financial Officer.

ABOUT NDBT   
Founded in 1961, NDBT (North Dallas Bank & Trust Co.) is an independent community bank with five banking centers located in Dallas, Addison, Frisco, Las Colinas, and Plano. Headquartered on the corner of Preston Road and LBJ at 12900 Preston Road in Dallas, NDBT is dedicated to helping people make smarter choices in business and life by offering authentic banking solutions, wealth management, and innovative online banking tools. Member FDIC. NDBT is an Equal Housing Lender. For more information, call 972.716.7100, or visit online at www.ndbt.com.    

Media Contact:
Brian C. Jensen
972-716-7124
brian.jensen@ndbt.com

FAQ

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

North Dallas Bank & Trust Co. (NODB) has declared a regular dividend of $0.10 per share.

When is the dividend payable for North Dallas Bank & Trust Co. (NODB) shareholders?

The dividend is payable on October 25, 2024, to shareholders of record as of October 18, 2024.

How many banking centers does North Dallas Bank & Trust Co. (NODB) have?

North Dallas Bank & Trust Co. (NODB) has five banking centers located in Dallas, Addison, Frisco, Las Colinas, and Plano.

Is the dividend payment guaranteed for future quarters for North Dallas Bank & Trust Co. (NODB)?

No, the company states that current dividends are based on NDBT's financial condition and are not a guarantee that dividends will continue to be paid in the future.