Summit Bancshares, Inc. Announces Cash Dividend

Rhea-AI Summary

The Board of Directors of Summit Bancshares declared a cash dividend of $0.18 per share on July 22, 2021. This dividend will be payable on August 31, 2021, to shareholders on record as of the close of business on August 10, 2021. Summit Bancshares is the parent company of Summit Bank and is listed under the ticker SMAL.

Positive

• Declared a cash dividend of $0.18 per share, enhancing shareholder income.

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• None.

The Board of Directors of Summit Bancshares Inc., at a meeting held on July 22, 2021, declared a cash dividend of $0.18 per share, payable on August 31, 2021, to holders of record as of the close of business on August 10, 2021.

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

View source version on businesswire.com: https://www.businesswire.com/news/home/20210723005493/en/

FAQ

What is the cash dividend declared by Summit Bancshares for 2021?

Summit Bancshares declared a cash dividend of $0.18 per share.

When is the dividend payment date for Summit Bancshares?

The dividend payment date is August 31, 2021.

Who is eligible to receive the dividend from Summit Bancshares?

Shareholders on record as of August 10, 2021, are eligible to receive the dividend.

What is the stock symbol for Summit Bancshares?

The stock symbol for Summit Bancshares is SMAL.