OTTAWA BANCORP, INC. ANNOUNCES SPECIAL CASH DIVIDEND AND INCREASE IN QUARTERLY CASH DIVIDEND
18 2월 2021 - 10:08AM
Ottawa Bancorp, Inc. (OTCQX: OTTW) (the “Company”), the holding
company for Ottawa Savings Bank FSB (the “Bank”), announced today
that its Board of Directors has declared a one-time special cash
dividend of $0.25 per share on shares of its outstanding common
stock. In making the announcement, Craig Hepner, President and
Chief Executive Officer of the Company, said “We are pleased to
announce the payment of a $.25 special dividend. This is the
third time since the Company converted to the fully stock form of
corporate organization in 2016 that the Company has paid a special
dividend. While the determination to pay any dividend depends
on a variety of factors, the Board has determined that the payment
of the special dividend is consistent with sound capital management
strategies while preserving the Bank’s ability to grow.”
Additionally, the Company’s Board of Directors
has approved an increase in the Company’s quarterly cash dividend
from $0.08 per share to $0.10 per share. The increased
quarterly cash dividend and the special cash dividend will be paid
on or about March 17, 2021, to common stockholders of record as of
the close of business on March 3, 2021.
Ottawa Bancorp, Inc. is the holding company for
Ottawa Savings Bank, FSB which provides various financial services
to individual and corporate customers in the United States. The
Bank offers various deposit accounts, including checking, money
market, regular savings, club savings, certificate, and various
retirement accounts. Its loan portfolio includes one-to-four family
residential mortgage, multi-family and non-residential real estate,
commercial, and construction loans as well as auto loans and home
equity lines of credit. Ottawa Savings Bank, FSB was founded in
1871 and is headquartered in Ottawa, Illinois. For more information
about the Company and the Bank, please visit
www.ottawasavings.com.
Contact:
Craig Hepner
President and Chief Executive Officer
(815) 366-5437
Ottawa Savings Bancorp (NASDAQ:OTTW)
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부터 4월(4) 2024 으로 5월(5) 2024
Ottawa Savings Bancorp (NASDAQ:OTTW)
과거 데이터 주식 차트
부터 5월(5) 2023 으로 5월(5) 2024
Ottawa Savings Bancorp Inc (나스닥)의 실시간 뉴스: 최근 기사 0
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