Pinnacle Bankshares Corporation Announces Quarterly Cash Dividend of 25 Cents per Share
PINNACLE BANKSHARES CORP (PPBN)
NASDAQ:AMEX Investor Relations:
snl.com/irweblinkx/corporateprofile.aspx?iid=1032865
Company Research
Source: GlobeNewswire
ALTAVISTA, Va., Nov. 13, 2024 (GLOBE NEWSWIRE) -- Pinnacle Bankshares Corporation (“Pinnacle” or the “Company”) (OTCQX: PPBN), the one-bank holding company for First National Bank (the “Bank”), announced today that its Board of Directors declared a cash dividend of $0.25 per share on November 12, 2024, payable December 6, 2024, to shareholders of record as of November 22, 2024. The $0.25 per share cash dividend is equal to the $0.25 dividend paid last quarter and marks the forty-ninth 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 profitability is lower than 2023 thus far this year, Pinnacle continues to outperform many of our Virginia community banking peers due to our liquidity position, expanding net interest margin, and strong credit q
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