Pinnacle Bancshares Declares $0.22 Per Share Quarterly Cash Dividend

Rhea-AI Summary

Pinnacle Bancshares, Inc. (OTCBB: PCLB) has announced a quarterly cash dividend of $0.22 per share, to be paid on September 17, 2021. Stockholders of record as of September 7, 2021 will be eligible for this dividend. This payout reflects an annualized rate of $0.88 per share, indicating the company's commitment to returning value to its shareholders.

Positive

• Quarterly cash dividend of $0.22 per share enhances shareholder income.
• Annualized dividend rate of $0.88 per share demonstrates company's financial confidence.

Negative

• None.

JASPER, Ala.--(BUSINESS WIRE)-- Pinnacle Bancshares, Inc. (OTCBB: PCLB) today announced that its Board of Directors has approved a quarterly cash dividend of $0.22 per share. The dividend is payable September 17, 2021 to stockholders of record on September 7, 2021. The quarterly amount is equivalent to an annualized rate of $0.88 per share.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210825005643/en/

Joe Adams, III, CFO

(205) 221-8866

Source: Pinnacle Bancshares, Inc.

FAQ

What is the dividend amount announced by Pinnacle Bancshares (PCLB)?

Pinnacle Bancshares announced a quarterly cash dividend of $0.22 per share.

When will the dividend be paid to shareholders of Pinnacle Bancshares (PCLB)?

The dividend will be paid on September 17, 2021.

What is the record date for the dividend of Pinnacle Bancshares (PCLB)?

The record date for the dividend is September 7, 2021.

What is the annualized dividend rate for Pinnacle Bancshares (PCLB)?

The annualized dividend rate is $0.88 per share.