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Victory Bancorp, Inc. Announces Quarterly Cash Dividend

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

Victory Bancorp, Inc. (OTCQX:VTYB) has declared a quarterly cash dividend of $0.05 per share, payable on or about June 14, 2021, to stockholders of record as of the close of business on May 28, 2021. The company, headquartered in Limerick, Pennsylvania, operates as a specialized business lender, serving small and mid-sized businesses through its two offices in Pennsylvania. The announcement highlights the company's ongoing commitment to returning value to its shareholders.

Positive
  • Quarterly cash dividend declared at $0.05 per share.
  • Commitment to shareholder returns is evident.
Negative
  • None.

LIMERICK Pa., May 19, 2021 (GLOBE NEWSWIRE) -- Victory Bancorp, Inc. (OTCQX:VTYB), today announced that its Board of Directors has declared a quarterly cash dividend of $0.05 per outstanding share of common stock. The dividend will be paid on or about June 14, 2021, to stockholders of record as of the close of business on May 28, 2021.

The Victory Bancorp, Inc. is traded on the OTCQX market under the symbol VTYB (https://www.otcmarkets.com/) and is the parent company of The Victory Bank, a Pennsylvania state-chartered commercial bank, headquartered in Limerick, Pennsylvania, which is located just outside the Philadelphia market in Montgomery County. The Victory Bank was established in 2008 as a specialized business lender that provides high-quality banking services to small and mid-sized businesses and professionals through its two offices located in Montgomery and Berks Counties, Pennsylvania.

Additional information about The Victory Bancorp is available on its website, VictoryBank.com.

Contact:
Joseph W. Major,
Chairman and Chief Executive Officer
484-791-3407


FAQ

What is the dividend amount declared by VTYB?

Victory Bancorp has declared a quarterly cash dividend of $0.05 per share.

When will the dividend be paid for VTYB?

The dividend will be paid on or about June 14, 2021.

Who is eligible for the VTYB dividend?

Stockholders of record as of May 28, 2021, will be eligible for the dividend.

How often does VTYB declare dividends?

VTYB typically declares dividends quarterly.

Is the VTYB dividend sustainable?

The sustainability of the VTYB dividend will depend on the company's financial performance and cash flow.

VICTORY BANCORP INC

OTC:VTYB

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VTYB Stock Data

22.18M
1.95M
Banks - Regional
Financial Services
Link
United States of America
Limerick