Quaint Oak Bancorp, Inc. Declares Quarterly Cash Dividend

Rhea-AI Summary

Quaint Oak Bancorp, Inc. (OTCQB: QNTO) announced a quarterly cash dividend of $0.09 per share on October 14, 2020, to shareholders of record by the close of business on October 26, 2020. The dividend is scheduled for payment on November 9, 2020. Quaint Oak Bancorp operates Quaint Oak Bank and its subsidiaries, providing various financial services across multiple regions, including Delaware Valley and Philadelphia.

Positive

• Quarterly cash dividend of $0.09 per share declared.
• Dividend payment scheduled for November 9, 2020.

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• None.

SOUTHAMPTON, Pa., Oct. 15, 2020 (GLOBE NEWSWIRE) -- Quaint Oak Bancorp, Inc. (OTCQB: QNTO) (the "Company"), the holding company for Quaint Oak Bank, announced today that its Board of Directors at their meeting on October 14, 2020, declared a quarterly cash dividend of $0.09 per share on the common stock of the Company payable on November 9, 2020, to the shareholders of record at the close of business on October 26, 2020.

Quaint Oak Bancorp, Inc. is the parent company for the Quaint Oak Family of Companies. Quaint Oak Bank, a Pennsylvania-chartered stock savings bank and wholly-owned subsidiary of the Company, headquartered in Southampton, Pennsylvania and the Bank’s subsidiary companies conduct business through three regional offices located in the Delaware Valley, Lehigh Valley and Philadelphia markets and a New Britain Township location. Quaint Oak Bank’s subsidiary companies include Quaint Oak Abstract, LLC, Quaint Oak Insurance Agency, LLC, Quaint Oak Mortgage, LLC and Quaint Oak Real Estate, LLC.

Statements contained in this news release which are not historical facts may be forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. Forward-looking statements can be identified by the fact that they do not relate strictly to historical or current facts. They often include words like “believe,” “expect,” “anticipate,” “estimate” and “intend” or future or conditional verbs such as “will,” “would,” “should,” “could” or “may.” We undertake no obligation to update any forward-looking statements.

Contact:
Quaint Oak Bancorp, Inc.
Robert T. Strong, President and Chief Executive Officer
(215) 364-4059

FAQ

What is the dividend amount declared by Quaint Oak Bancorp?

Quaint Oak Bancorp declared a quarterly cash dividend of $0.09 per share.

When will Quaint Oak Bancorp pay its dividend?

The dividend will be paid on November 9, 2020.

What is the record date for Quaint Oak Bancorp's dividend?

The record date for the dividend is October 26, 2020.

How often does Quaint Oak Bancorp pay dividends?

Quaint Oak Bancorp typically declares quarterly dividends.