Quaint Oak Bancorp, Inc. Declares Quarterly Cash Dividend

Rhea-AI Summary

Quaint Oak Bancorp announced a quarterly cash dividend of $0.13 per share on its common stock, payable on August 5, 2024, to shareholders of record as of July 22, 2024. The announcement was made following a Board of Directors meeting on July 10, 2024. Quaint Oak Bancorp, a financial services company and parent to Quaint Oak Bank and its subsidiaries, operates in multi-state regions through offices in the Delaware Valley, Lehigh Valley, and Philadelphia markets. The subsidiaries include Quaint Oak Abstract, Quaint Oak Insurance Agency, Quaint Oak Mortgage, and Oakmont Commercial, which focus on commercial real estate financing.

Positive

• Quaint Oak Bancorp declared a quarterly cash dividend of $0.13 per share, which may indicate company confidence and provide income to shareholders.
• Dividend payment date set for August 5, 2024, with record date on July 22, 2024.

Negative

• None.

SOUTHAMPTON, Pa., July 11, 2024 (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 July 10, 2024, declared a quarterly cash dividend of $0.13 per share on the common stock of the Company payable on August 5, 2024, to the shareholders of record at the close of business on July 22, 2024.

Quaint Oak Bancorp, Inc., a Financial Services Company, 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, is headquartered in Southampton, Pennsylvania and conducts business through three regional offices located in the Delaware Valley, Lehigh Valley and Philadelphia markets. Quaint Oak Bank’s subsidiary companies include Quaint Oak Abstract, LLC, Quaint Oak Insurance Agency, LLC, Quaint Oak Mortgage, LLC and Oakmont Commercial, LLC, a specialty commercial real estate financing company. All companies are multi-state operations.

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 $0.13 per share.

When is the dividend payment date for QNTO?

The dividend payment date for QNTO is August 5, 2024.

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

The record date for Quaint Oak Bancorp's dividend is July 22, 2024.

Which subsidiaries are part of Quaint Oak Bancorp?

Quaint Oak Bancorp's subsidiaries include Quaint Oak Abstract, Quaint Oak Insurance Agency, Quaint Oak Mortgage, and Oakmont Commercial.

Where are Quaint Oak Bank's regional offices located?

Quaint Oak Bank’s regional offices are located in the Delaware Valley, Lehigh Valley, and Philadelphia markets.