Pinnacle Bancshares Declares $0.25 Per Share Quarterly Cash Dividend

Rhea-AI Summary

Pinnacle Bancshares, Inc. (OTC: PCLB) has declared a quarterly cash dividend of $0.25 per share. The dividend is payable on December 22, 2022, to shareholders on record as of December 12, 2022. This quarterly dividend represents an annualized payout of $1.00 per share, reflecting 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 demonstrates shareholder value.

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 December 22, 2022 to stockholders of record on December 12, 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/20221130006120/en/

JOE ADAMS, III, CFO

(205) 221-8866

Source: Pinnacle Bancshares, Inc.

FAQ

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

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

When will the dividend be paid to shareholders of PCLB?

The dividend will be paid on December 22, 2022.

What is the record date for the dividend payment of PCLB?

The record date for the dividend payment is December 12, 2022.

What is the annualized dividend rate for Pinnacle Bancshares, Inc.?

The annualized dividend rate is $1.00 per share.