North Dallas Bank & Trust Co. Declares Year-End Regular Dividend

Rhea-AI Summary

On March 21, 2023, North Dallas Bank & Trust Co. (OTCBB: NODB) declared a regular dividend of $0.33 per share. This dividend is payable to shareholders of record by April 3, 2023, with the payment scheduled for April 7, 2023. While the dividends reflect the bank's current financial condition, they do not guarantee future payments. Founded in 1961, NDBT operates five banking centers across Dallas and neighboring areas, focusing on providing authentic banking solutions and wealth management services.

Positive

• Declared a regular dividend of $0.33 per share, reflecting confidence in financial stability.
• Dividend payment scheduled for April 7, 2023, benefits shareholders.

Negative

• Dividends are not guaranteed to continue in the future, indicating potential uncertainty.

DALLAS, March 23, 2023 (GLOBE NEWSWIRE) -- On March 21, 2023, the Board of Directors of North Dallas Bank & Trust Co. (OTCBB: NODB) declared a regular dividend of $0.33 per share, payable to shareholders of record as of April 3, 2023, with said dividend payable on April 7, 2023.

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. NDBT is Member FDIC and an Equal Housing Lender. For more information, call 972.716.7100, or visit online at www.ndbt.com or on Facebook at www.facebook.com/NDBTMarketing/.

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

FAQ

What is the dividend amount declared by NODB?

NODB declared a dividend of $0.33 per share.

When is the dividend payable for NODB?

The dividend is payable on April 7, 2023.

Who are the shareholders of record for NODB's dividend?

The shareholders of record are as of April 3, 2023.

Is the NODB dividend sustainable?

The dividend is based on current financial conditions and is not a guarantee for future payments.