Skyline Bankshares, Inc. Announces Semi-Annual Cash Dividend

Rhea-AI Summary

Skyline Bankshares, Inc. announces a semi-annual cash dividend of $0.21 per share on the Company's common stock. The dividend will be payable on September 18, 2023, to shareholders of record on September 8, 2023. Skyline National Bank, the subsidiary of Skyline Bankshares, Inc., operates in southwestern Virginia and northwestern North Carolina with 27 branches and 1 loan production office.

FLOYD, Va., Aug. 17, 2023 (GLOBE NEWSWIRE) -- Skyline Bankshares, Inc. (the “Company”) (OTC QX: SLBK) – the holding company for Skyline National Bank (the “Bank”), announces a semi-annual cash dividend on the Company’s common stock of $0.21 per share, payable September 18, 2023 to shareholders of record on September 8, 2023.  The Company’s Board of Directors declared the dividend on August 15, 2023.

Skyline National Bank is the wholly-owned subsidiary of Skyline Bankshares, Inc. and serves southwestern Virginia and northwestern North Carolina with 27 branches and 1 loan production office.

FAQ

What is the dividend amount announced by Skyline Bankshares, Inc.?

Skyline Bankshares, Inc. has announced a semi-annual cash dividend of $0.21 per share on its common stock.

When will the dividend be payable?

The dividend will be payable on September 18, 2023.

Who are the shareholders eligible to receive the dividend?

Shareholders of record on September 8, 2023, will be eligible to receive the dividend.

What is the subsidiary of Skyline Bankshares, Inc.?

The subsidiary of Skyline Bankshares, Inc. is Skyline National Bank.

Where does Skyline National Bank operate?

Skyline National Bank operates in southwestern Virginia and northwestern North Carolina with 27 branches and 1 loan production office.