North Dallas Bank & Trust Co. Declares Year-End Regular and Special Dividends

Rhea-AI Summary

NDBT (North Dallas Bank & Trust Co.) has declared year-end dividends, consisting of a regular dividend of $0.25 per share and a special dividend of $0.30 per share. These dividends are payable to shareholders on December 31, 2021, with a record date of December 27, 2021. The decision reflects the bank's current financial condition but does not guarantee future dividends. Founded in 1961, NDBT operates five banking centers in the Dallas area and provides a range of financial services.

Positive

• Declaration of a regular dividend of $0.25 per share and a special dividend of $0.30 per share, signaling financial stability.
• Payment of dividends reflects confidence in current financial position and shareholder value.

Negative

• Dividends are not guaranteed in the future, indicating potential financial uncertainty.
• No specific financial metrics provided to verify the bank's sustainability.

DALLAS, Dec. 15, 2021 (GLOBE NEWSWIRE) -- NDBT (North Dallas Bank & Trust Co.), an independent community bank established in 1961, today announced year-end dividends declared by its Board of Directors on December 14, 2021. The North Dallas Bank & Trust Co. (NODB) Board of Directors declared a regular dividend of $0.25 per share and a special dividend of $0.30 per share. The dividends are payable to shareholders of record as of December 27, 2021 and will be paid on December 31, 2021.

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 are the details of NODB's declared dividends for 2021?

NODB declared a regular dividend of $0.25 per share and a special dividend of $0.30 per share, payable on December 31, 2021.

When will the dividends be paid to shareholders?

Dividends will be paid on December 31, 2021, to shareholders of record as of December 27, 2021.

Are the dividends declared by NODB guaranteed for future payments?

No, the dividends are based on the current financial condition and are not guaranteed to continue in the future.

What is the significance of the declared dividends for NODB shareholders?

The declared dividends indicate financial stability and a commitment to returning value to shareholders.