QNB Corp. Declares Dividend

Rhea-AI Summary

On August 25, 2020, QNB Corp. (OTC: QNBC) declared a quarterly cash dividend of $0.34 per share, set to be paid on September 25, 2020. Shareholders of record as of September 11, 2020 will be eligible for the dividend. QNB Corp. operates QNB Bank, offering commercial and retail banking services across twelve locations. This dividend reflects the company's commitment to returning value to its shareholders.

Positive

• Quarterly cash dividend of $0.34 per share declared.
• Dividend payment reflects confidence in financial stability.

Negative

• None.

QUAKERTOWN, Pa., Aug. 25, 2020 /PRNewswire/ -- The Board of Directors of QNB Corp. (OTC Bulletin Board: QNBC), parent company of QNB Bank, at a regular meeting on August 25, 2020 declared a quarterly cash dividend of $0.34 per share. The cash dividend is payable on September 25, 2020 to shareholders of record September 11, 2020.

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 web site at QNBbank.com.

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SOURCE QNB Corp.

FAQ

What is the amount of the dividend declared by QNB Corp.?

QNB Corp. declared a quarterly cash dividend of $0.34 per share.

When will the QNB Corp. dividend be paid?

The dividend will be paid on September 25, 2020.

Who is eligible for the QNB Corp. dividend?

Shareholders of record as of September 11, 2020, are eligible for the dividend.