Pinnacle Bancshares Declares $0.25 Per Share Quarterly Cash Dividend

Rhea-AI Summary

Pinnacle Bancshares, Inc. (OTCBB: PCLB) announced a quarterly cash dividend of $0.25 per share, reflecting an annualized rate of $1.00 per share. The dividend is payable on September 16, 2022 to stockholders of record as of September 6, 2022. This decision underscores the company’s commitment to returning value to its shareholders.

Positive

• Quarterly cash dividend of $0.25 per share approved.
• Annualized dividend rate of $1.00 per share indicates 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 September 16, 2022 to stockholders of record on September 6, 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/20220824005639/en/

Joe Adams, III, CFO

(205) 221-8866

Source: Pinnacle Bancshares, Inc.

FAQ

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

The dividend amount is $0.25 per share.

When is the dividend payable for PCLB?

The dividend is payable on September 16, 2022.

What is the record date for the dividend for Pinnacle Bancshares?

The record date for the dividend is September 6, 2022.

What is the annualized dividend rate for PCLB?

The annualized dividend rate is $1.00 per share.