Pinnacle Bancshares Declares $0.27 Per Share Quarterly Cash Dividend

Rhea-AI Summary

Pinnacle Bancshares, Inc. (OTC PINK: PCLB) has declared a quarterly cash dividend of $0.27 per share, which will be distributed on March 17, 2023, to stockholders on record as of March 6, 2023. This dividend represents an annualized rate of $1.08 per share, indicating the company's commitment to returning value to its shareholders. This decision reflects the Board of Directors' confidence in the company's financial stability and ongoing profitability.

Positive

• Quarterly cash dividend of $0.27 per share approved.
• Annualized dividend rate of $1.08 per share shows commitment to shareholders.

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 $0.27 per share. The dividend is payable March 17, 2023 to stockholders of record on March 6, 2023. The quarterly amount is equivalent to an annualized rate of $1.08 per share.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230222005849/en/

JOE ADAMS, III, CFO

(205) 221-8866

Source: Pinnacle Bancshares, Inc.

FAQ

What is the dividend amount for PCLB in March 2023?

Pinnacle Bancshares, Inc. has announced a dividend of $0.27 per share for March 2023.

When is the dividend for PCLB payable?

The dividend is payable on March 17, 2023.

What is the record date for PCLB's dividend?

The record date for the dividend is March 6, 2023.

What is the annualized dividend rate for PCLB?

The annualized dividend rate for PCLB is $1.08 per share.