Pinnacle Bancshares Declares $0.22 Per Share Quarterly Cash Dividend

Rhea-AI Summary

Pinnacle Bancshares, Inc. (PCLB) has declared a quarterly cash dividend of $0.22 per share, amounting to an annualized rate of $0.88. This dividend is scheduled for payment on June 18, 2021 to stockholders who are on record as of June 8, 2021. This move demonstrates the company’s commitment to returning value to its shareholders.

Positive

• Quarterly cash dividend of $0.22 per share enhances shareholder returns.
• Annualized dividend rate of $0.88 indicates a stable income for investors.

Negative

• None.

Pinnacle Bancshares, Inc. (OTC PINK: PCLB) today announced that its Board of Directors has approved a quarterly cash dividend of $0.22 per share. The dividend is payable June 18, 2021 to stockholders of record on June 8, 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/20210526006037/en/

FAQ

What is the dividend amount for Pinnacle Bancshares (PCLB)?

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

When will the dividend for PCLB be paid?

The dividend will be payable on June 18, 2021.

What is the record date for PCLB's dividend?

The record date for the dividend is June 8, 2021.

What is the annualized dividend rate for PCLB?

The annualized dividend rate for Pinnacle Bancshares is $0.88 per share.