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OTTAWA BANCORP, INC. ANNOUNCES CASH DIVIDEND

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Ottawa Bancorp, Inc. (OTCQX: OTTW) has declared a quarterly cash dividend of $0.08 per share, set to be paid on December 16, 2020. The record date for stockholders is December 2, 2020. As the holding company for Ottawa Savings Bank FSB, Ottawa Bancorp provides a range of financial services including various deposit and loan products. Founded in 1871, the bank serves individual and corporate customers in the U.S.

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  • Quarterly cash dividend of $0.08 per share enhances shareholder value.
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  • None.

OTTAWA, Ill., Nov. 18, 2020 (GLOBE NEWSWIRE) --  Ottawa Bancorp, Inc. (OTCQX: OTTW), the holding company for Ottawa Savings Bank FSB, announced today that its Board of Directors has declared a quarterly cash dividend of $0.08 per share, payable on or about December 16, 2020, to stockholders of record as of the close of business on December 2, 2020.    

Ottawa Bancorp, Inc. is the holding company for Ottawa Savings Bank, FSB which provides various financial services to individual and corporate customers in the United States. The Bank offers various deposit accounts, including checking, money market, regular savings, club savings, certificate, and various retirement accounts. Its loan portfolio includes one-to-four family residential mortgage, multi-family and non-residential real estate, commercial, and construction loans as well as auto loans and home equity lines of credit. Ottawa Savings Bank, FSB was founded in 1871 and is headquartered in Ottawa, Illinois. For more information about the Company and the Bank, please visit www.ottawasavings.com.


FAQ

What is the dividend amount announced by Ottawa Bancorp?

The dividend amount is $0.08 per share.

When will the dividend be paid to shareholders?

The dividend will be paid on December 16, 2020.

What is the record date for the dividend payment?

The record date for the dividend payment is December 2, 2020.

How does Ottawa Bancorp support its shareholders?

Ottawa Bancorp supports its shareholders by declaring dividends.

What services does Ottawa Savings Bank FSB provide?

Ottawa Savings Bank provides deposit accounts and various loan products.

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34.73M
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Banks - Regional
Financial Services
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United States
Ottawa