Pinnacle Bancshares Declares $0.25 Per Share Quarterly Cash Dividend

Rhea-AI Summary

Pinnacle Bancshares, Inc. (OTCBB: PCLB) has announced a quarterly cash dividend of $0.25 per share, scheduled for payment on March 18, 2022, to stockholders recorded on March 7, 2022. This dividend represents an annualized rate of $1.00 per share, demonstrating the company's commitment to returning value to its shareholders.

Positive

• Dividend of $0.25 per share indicates a commitment to shareholder returns.
• Annualized dividend rate of $1.00 per share enhances shareholder income.

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 March 18, 2022 to stockholders of record on March 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/20220223006010/en/

JOE ADAMS, III, CFO

(205) 221-8866

Source: Pinnacle Bancshares, Inc.

FAQ

What is the dividend amount for PCLB?

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

When is the dividend for PCLB payable?

The dividend is payable on March 18, 2022.

What is the record date for PCLB's dividend?

The record date for the dividend is March 7, 2022.

What is the annualized dividend rate for PCLB?

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