STOCK TITAN

Summit Bancshares, Inc. Announces a Special Dividend

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
dividends

Summit Bancshares (OTC: SMAL) has announced a special cash dividend of $0.42 per share, celebrating its 42nd year in business. The dividend will be paid on December 13th, 2024, to shareholders of record as of November 22nd, 2024. The company highlighted its remarkable track record of profitability, achieving monthly profits in its second month of operation and maintaining profitability for 506 consecutive months through its subsidiary Summit Bank.

Summit Bancshares (OTC: SMAL) ha annunciato un dividendo in contante speciale di $0,42 per azione, celebrando il suo 42° anno di attività. Il dividendo sarà pagato il 13 dicembre 2024, agli azionisti registrati al 22 novembre 2024. L'azienda ha messo in evidenza il suo straordinario storico di redditività, raggiungendo profitti mensili nel suo secondo mese di operazione e mantenendo la redditività per 506 mesi consecutivi tramite la sua sussidiaria Summit Bank.

Summit Bancshares (OTC: SMAL) ha anunciado un dividendo en efectivo especial de $0.42 por acción, celebrando su 42º año en el negocio. El dividendo se pagará el 13 de diciembre de 2024, a los accionistas que tengan registro hasta el 22 de noviembre de 2024. La compañía destacó su notable historial de rentabilidad, logrando ganancias mensuales en su segundo mes de operación y manteniendo la rentabilidad durante 506 meses consecutivos a través de su subsidiaria Summit Bank.

Summit Bancshares (OTC: SMAL)은 사업 42주년을 기념하여 주당 $0.42의 특별 현금 배당금을 발표했습니다. 배당금은 2024년 12월 13일에 지급되며, 2024년 11월 22일 기준 주주에게 지급됩니다. 이 회사는 운영 두 번째 달에 월별 이익을 달성하고 Summit Bank라는 자회사를 통해 506개월 연속으로 수익성을 유지한 놀라운 수익성을 강조했습니다.

Summit Bancshares (OTC: SMAL) a annoncé un dividende spécial en espèces de 0,42 $ par action, célébrant ainsi sa 42e année d'activité. Le dividende sera versé le 13 décembre 2024 aux actionnaires ayant un enregistrement au 22 novembre 2024. L'entreprise a souligné son parcours remarquable en matière de rentabilité, réalisant des profits mensuels dès son deuxième mois d'activité et maintenant une rentabilité pendant 506 mois consécutifs grâce à sa filiale Summit Bank.

Summit Bancshares (OTC: SMAL) hat eine sonstige Barausschüttung von 0,42 USD pro Aktie angekündigt, um ihr 42-jähriges Bestehen zu feiern. Die Ausschüttung erfolgt am 13. Dezember 2024 an die Aktionäre, die am 22. November 2024 eingetragen sind. Das Unternehmen hob seine bemerkenswerte Erfolgsbilanz in der Rentabilität hervor, indem es im zweiten Monat seines Bestehens monatliche Gewinne erzielte und 506 aufeinanderfolgende Monate lang über seine Tochtergesellschaft Summit Bank profitabel blieb.

Positive
  • Declaration of special dividend of $0.42 per share
  • Demonstrated consistent profitability for 506 consecutive months
  • Early profitability achievement (second month of operations)
Negative
  • None.

OAKLAND, Calif.--(BUSINESS WIRE)-- The Board of Directors of Summit Bancshares, Inc., at a meeting held on October 16, 2024, in recognition of the bank’s 42nd year in business, declared a special cash dividend of $0.42 per share, payable on December 13th, 2024, to holders of record as of the close of business on November 22nd, 2024.

We are especially proud of our history of success, having achieved monthly profits in our second month of operation, and have consistently been profitable for 506 months.

Summit Bancshares, Inc. (OTC Bulletin Board: SMAL) is the parent company of Summit Bank.

Shirley W. Nelson

(510) 839-8800

Source: Summit Bancshares Inc.

FAQ

When will Summit Bancshares (SMAL) pay its special dividend in 2024?

Summit Bancshares will pay the special dividend of $0.42 per share on December 13th, 2024.

What is the record date for Summit Bancshares (SMAL) special dividend?

The record date for Summit Bancshares' special dividend is November 22nd, 2024.

How much is Summit Bancshares (SMAL) special dividend for 2024?

Summit Bancshares announced a special dividend of $0.42 per share.

How many consecutive months has Summit Bancshares (SMAL) been profitable?

Summit Bancshares has been profitable for 506 consecutive months.

SUMMIT BANCSHS CALIF

OTC:SMAL

SMAL Rankings

SMAL Latest News

SMAL Stock Data

53.55M
763.18k
2.83%
Banks - Regional
Financial Services
Link
United States of America
Oakland