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Oregon Bancorp Increases Quarterly Dividend

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Rhea-AI Summary

The Board of Directors of Oregon Bancorp, Inc. (OTCBB: ORBN) has declared a quarterly dividend of $0.26 per share, marking a significant increase of 136% compared to the previous dividend. This dividend is scheduled for payment on January 15, 2021 to shareholders on record by December 31, 2020. This decision reflects the company's ongoing commitment to returning value to its shareholders.

Positive
  • Quarterly dividend increased by 136% to $0.26 per share, showcasing strong financial performance and commitment to shareholders.
Negative
  • None.

The Board of Directors of Oregon Bancorp, Inc. (OTCBB: ORBN), parent company of Willamette Valley Bank, declared a quarterly dividend of $0.26 per share. This represents an increase of $0.15 per share, or 136%, over the prior quarterly dividend amount. The dividend is payable on January 15, 2021 to shareholders of record as of December 31, 2020.

About Oregon Bancorp, Inc.

Oregon Bancorp, Inc. is the parent company of Willamette Valley Bank (Bank), a community bank headquartered in Salem, Oregon. The Bank operates full-service branches in Salem, Keizer, Silverton, and Albany, Oregon. The Bank also operates Home Loan Centers in Bend, Eugene, Grants Pass, Medford, Tualatin, Portland and West Linn, Oregon, Vancouver, Yakima, Spokane and Newport, Washington, and Coeur d’Alene and Meridian, Idaho. For more information about Oregon Bancorp, Inc. or its subsidiary, Willamette Valley Bank, please call (503)485-2222 or visit our website at www.willamettevalleybank.com.

FAQ

What is the recent dividend declared by Oregon Bancorp (ORBN)?

Oregon Bancorp declared a dividend of $0.26 per share.

When will the dividend be payable to shareholders of Oregon Bancorp (ORBN)?

The dividend will be payable on January 15, 2021.

What was the percentage increase in the dividend for Oregon Bancorp (ORBN)?

The dividend increased by 136% compared to the prior amount.

What is the record date for the recent dividend of Oregon Bancorp (ORBN)?

The record date for the dividend is December 31, 2020.

Oregon Bancorp Inc

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51.18M
2.42M
2.68%
Banks - Regional
Financial Services
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United States
Salem