Victory Bancorp, Inc. Declares Quarterly Dividend

Rhea-AI Summary

Victory Bancorp (OTCQX:VTYB) has declared a quarterly cash dividend of $0.0650 per share. The dividend will be paid on or about June 14, 2024, to shareholders of record as of June 3, 2024. Victory Bancorp, headquartered in Limerick, Pennsylvania, is the parent company of The Victory Bank, which was established in 2008 and provides banking services to small and mid-sized businesses. The company's stock is traded on the OTCQX market under the symbol VTYB.

Positive

• Quarterly cash dividend of $0.0650 per share declared.
• Payment date set for June 14, 2024.
• Record date established as June 3, 2024.
• Operating since 2008, focusing on small and mid-sized businesses.
• Presence in Montgomery and Berks Counties, Pennsylvania.

Negative

• Dividend yield may be considered low by some investors.
• No mention of financial performance or growth metrics.
• Absence of forward-looking statements or growth plans.

LIMERICK, Pa., May 28, 2024 (GLOBE NEWSWIRE) -- Victory Bancorp, Inc. (OTCQX:VTYB), today announced that its Board of Directors has declared a quarterly cash dividend of $0.0650 per outstanding share of common stock. The dividend will be paid on or about June 14, 2024 to stockholders of record as of the close of business on June 3, 2024.

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 three 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 Victory Bancorp?

Victory Bancorp has declared a quarterly cash dividend of $0.0650 per share.

When will Victory Bancorp pay the declared dividend?

The dividend will be paid on or about June 14, 2024.

What is the record date for Victory Bancorp's dividend?

The record date for the dividend is June 3, 2024.

What is the stock symbol for Victory Bancorp?

Victory Bancorp is traded under the symbol VTYB on the OTCQX market.

Where is Victory Bancorp headquartered?

Victory Bancorp is headquartered in Limerick, Pennsylvania.