Pinnacle Bancshares Declares $0.25 Per Share Quarterly Cash Dividend

Rhea-AI Summary

Pinnacle Bancshares, Inc. (OTC PINK: PCLB) has declared a quarterly cash dividend of $0.25 per share, demonstrating its commitment to returning value to shareholders. The dividend, which is payable on June 17, 2022, will be distributed to stockholders of record as of June 7, 2022. This quarterly dividend represents an annualized rate of $1.00 per share, highlighting the company's stability and profitability.

Positive

• Quarterly cash dividend of $0.25 per share announced.
• Annualized dividend rate of $1.00 per share reflects financial stability.

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 $0.25 per share. The dividend is payable June 17, 2022 to stockholders of record on June 7, 2022. The quarterly amount is equivalent to an annualized rate of $1.00 per share.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220525005802/en/

JOE ADAMS, III, CFO

(205) 221-8866

Source: Pinnacle Bancshares, Inc.

FAQ

What is the dividend amount declared by Pinnacle Bancshares, Inc. (PCLB)?

Pinnacle Bancshares, Inc. has declared a quarterly cash dividend of $0.25 per share.

When is the dividend payable for PCLB shareholders?

The dividend is payable on June 17, 2022.

What date must I own PCLB shares to receive the dividend?

You must be a stockholder of record on June 7, 2022.

What is the annualized dividend rate for PCLB?

The annualized dividend rate for Pinnacle Bancshares, Inc. is $1.00 per share.