Summit Bancshares, Inc. Announces Special Cash Dividend
Summit Bancshares (OTC: SMAL) has announced a special cash dividend of $0.43 per share, replacing their regular quarterly dividend payment. The decision was made by the Board of Directors on April 16, 2025, commemorating the bank's 43rd year in business.
The special dividend will be payable on June 30, 2025, to shareholders of record as of June 9, 2025. Summit Bancshares is the parent company of Summit Bank, based in Oakland, California.
Summit Bancshares (OTC: SMAL) ha annunciato un dividendo speciale in contanti di 0,43 dollari per azione, che sostituisce il consueto pagamento trimestrale del dividendo. La decisione è stata presa dal Consiglio di Amministrazione il 16 aprile 2025, in occasione del 43° anniversario della banca.
Il dividendo speciale sarà pagabile il 30 giugno 2025 agli azionisti registrati al 9 giugno 2025. Summit Bancshares è la società madre di Summit Bank, con sede a Oakland, California.
Summit Bancshares (OTC: SMAL) ha anunciado un dividendo especial en efectivo de 0,43 dólares por acción, que reemplaza el pago trimestral regular del dividendo. La decisión fue tomada por la Junta Directiva el 16 de abril de 2025, con motivo del 43º aniversario de la empresa.
El dividendo especial será pagadero el 30 de junio de 2025 a los accionistas inscritos al 9 de junio de 2025. Summit Bancshares es la empresa matriz de Summit Bank, con sede en Oakland, California.
서밋 뱅크쉐어즈 (OTC: SMAL)는 주당 0.43달러의 특별 현금 배당금을 발표했으며, 이는 정기 분기 배당금을 대체합니다. 이 결정은 2025년 4월 16일 이사회에서 이루어졌으며, 은행 설립 43주년을 기념하기 위함입니다.
특별 배당금은 2025년 6월 30일에 지급될 예정이며, 2025년 6월 9일 기준 주주에게 지급됩니다. 서밋 뱅크쉐어즈는 캘리포니아 오클랜드에 본사를 둔 서밋 뱅크의 모회사입니다.
Summit Bancshares (OTC : SMAL) a annoncé un dividende exceptionnel en numéraire de 0,43 $ par action, remplaçant le versement trimestriel habituel du dividende. Cette décision a été prise par le conseil d'administration le 16 avril 2025, à l'occasion du 43e anniversaire de la banque.
Le dividende exceptionnel sera versé le 30 juin 2025 aux actionnaires inscrits au 9 juin 2025. Summit Bancshares est la société mère de Summit Bank, basée à Oakland, en Californie.
Summit Bancshares (OTC: SMAL) hat eine besondere Bardividende von 0,43 USD pro Aktie angekündigt, die die reguläre vierteljährliche Dividendenzahlung ersetzt. Die Entscheidung wurde am 16. April 2025 vom Vorstand getroffen, um das 43-jährige Bestehen der Bank zu feiern.
Die Sonderdividende wird am 30. Juni 2025 an die am 9. Juni 2025 eingetragenen Aktionäre ausgezahlt. Summit Bancshares ist die Muttergesellschaft der Summit Bank mit Sitz in Oakland, Kalifornien.
- Special cash dividend of $0.43 per share announced
- Company demonstrates financial stability by maintaining dividend payments
- 43 years of continuous business operations showing longevity
- Replacement of regular quarterly dividend with one-time special dividend may indicate uncertain future dividend policy
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/20250417853884/en/
Shirley W. Nelson
(510) 839-8800
Source: Summit Bancshares, Inc.
FAQ
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