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Stock impact report

Pinnacle Bankshares Corporation Announces Quarterly Cash Dividend of 25 Cents per Share [Yahoo! Finance]

PINNACLE BANKSHARES CORP (PPBN) 
Company Research Source: Yahoo! Finance
company for First National Bank (the “Bank”), announced today that its Board of Directors declared a cash dividend of $0.25 per share on August 13, 2024, payable September 6, 2024, to shareholders of record as of August 23, 2024. The $0.25 per share cash dividend is equal to the $0.25 dividend paid last quarter and marks the forty-eighth consecutive quarter that a dividend has been declared. “Pinnacle is pleased to provide a cash dividend of $0.25 per share to our shareholders this quarter,” stated Aubrey H. Hall, III, President and Chief Executive Officer for both the Company and the Bank. Mr. Hall further commented, “While Pinnacle experienced improved profitability in the second quarter of 2024, our net income performance through six months of the year is lower than 2023. We will continue to balance dividends with retention of earnings to sufficiently capitalize the Bank for future growth.” Pinnacle Bankshares Corporation is a locally managed community banking organization se Show less Read more
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