QNB Corp. Declares Q1 2023 Dividend

Rhea-AI Summary

On February 28, 2023, QNB Corp. (OTC: QNBC) announced a quarterly cash dividend of $0.37 per share, payable on March 31, 2023, to shareholders of record by March 17, 2023. This decision reflects the company's continued commitment to returning value to its shareholders amid its operations as a provider of commercial and retail banking services through QNB Bank, which has twelve banking offices. The corporation remains focused on enhancing shareholder income and maintaining a sustainable growth trajectory.

Positive

• Declaration of a quarterly cash dividend of $0.37 per share demonstrates confidence in financial stability and commitment to returning value to shareholders.
• Dividend payment scheduled for March 31, 2023, highlights ongoing profitability and support for shareholder income.

Negative

• None.

Quakertown, PA, Feb. 28, 2023 (GLOBE NEWSWIRE) -- Quakertown, PA (28 February 2023) The Board of Directors of QNB Corp. (OTC Bulletin Board: QNBC), parent company of QNB Bank, at a regular meeting on February 28, declared a quarterly cash dividend of $0.37 per share. The cash dividend is payable on March 31, 2023, to shareholders of record March 17, 2023.

 

QNB Corp. offers commercial and retail banking services through the twelve banking offices of its subsidiary, QNB Bank. QNB Corp.’s stock is traded in the over-the-counter market under the symbol “QNBC.” For more information, visit QNB’s website at QNBbank.com.

FAQ

What is the dividend amount declared by QNB Corp.?

QNB Corp. declared a quarterly cash dividend of $0.37 per share.

When will the dividend be paid to QNB Corp. shareholders?

The dividend will be paid on March 31, 2023.

What is the record date for the dividend payment from QNB Corp.?

The record date for the dividend payment is March 17, 2023.

What is the trading symbol for QNB Corp.?

QNB Corp. is traded under the symbol QNBC on the OTC Bulletin Board.