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OTTAWA BANCORP, INC. ANNOUNCES CASH DIVIDEND

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OTTAWA, Ill., Feb. 15, 2023 - Ottawa Bancorp, Inc. (OTCQX: OTTW) has declared a quarterly cash dividend of $0.11 per share. The dividend will be payable on or about March 15, 2023, to stockholders of record as of the close of business on March 1, 2023. Ottawa Bancorp, the holding company for OSB Community Bank, offers a range of financial services, including various deposit accounts and loans, serving individual and corporate clients across the United States. Founded in 1871, OSB Community Bank is headquartered in Ottawa, Illinois.

Positive
  • Quarterly cash dividend of $0.11 per share strengthens investor confidence.
  • Scheduled payment date of March 15, 2023, enhances shareholder returns.
Negative
  • None.

OTTAWA, Ill., Feb. 15, 2023 (GLOBE NEWSWIRE) -- Ottawa Bancorp, Inc. (OTCQX: OTTW), the holding company for OSB Community Bank, announced today that its Board of Directors has declared a quarterly cash dividend of $0.11 per share, payable on or about March 15, 2023, to stockholders of record as of the close of business on March 1, 2023.   

Ottawa Bancorp, Inc. is the holding company for OSB Community Bank 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. OSB Community Bank was founded in 1871 and is headquartered in Ottawa, Illinois. For more information about the Company and the Bank, please visit www.myosb.bank.


FAQ

What is the dividend amount announced by Ottawa Bancorp in February 2023?

The dividend amount announced is $0.11 per share.

When will the dividend be paid to shareholders of Ottawa Bancorp?

The dividend will be paid on or about March 15, 2023.

What is the record date for the Ottawa Bancorp dividend?

The record date is March 1, 2023.

How often does Ottawa Bancorp pay dividends?

Ottawa Bancorp typically pays dividends quarterly.

OTTAWA BANCORP INC

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35.97M
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United States of America
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