Quaint Oak Bancorp Declares Quarterly Cash Dividend of $0.04 per Share
PorAinvest
viernes, 11 de julio de 2025, 4:36 pm ET1 min de lectura
Quaint Oak Bancorp declared a quarterly cash dividend of $0.04 per share, payable on August 4, 2025, to shareholders of record by July 21, 2025. The Board reduced the dividend to enhance capital levels, strengthen liquidity, and reinvest in strategic initiatives for long-term success. Quaint Oak Bancorp is the parent company of Quaint Oak Bank and several subsidiary companies.
Quaint Oak Bancorp, Inc. (OTCQB: QNTO), the parent company of Quaint Oak Bank and several subsidiary companies, has announced a quarterly cash dividend of $0.04 per share. The dividend will be payable on August 4, 2025, to shareholders of record as of July 21, 2025 [1].The Board of Directors, after careful consideration, decided to reduce the quarterly cash dividend as part of their strategy to enhance capital levels, strengthen liquidity, and reinvest in strategic initiatives for long-term success. The company operates through three regional offices in the Delaware Valley, Lehigh Valley, and Philadelphia markets, with subsidiary companies including Quaint Oak Abstract, LLC, Quaint Oak Insurance Agency, LLC, Quaint Oak Mortgage, LLC, and Oakmont Commercial, LLC [2].
CEO Robert T. Strong stated, "The Board remains focused on long-term profitability with a strong commitment to shareholder value." The dividend reduction is part of the company's efforts to bolster its financial position and support future growth initiatives [1].
Quaint Oak Bancorp, Inc. is a financial services company headquartered in Southampton, Pennsylvania, and is committed to providing a wide range of services through its subsidiary companies, which are multi-state operations [2].
References:
[1] https://www.globenewswire.com/news-release/2025/07/11/3114282/9909/en/Quaint-Oak-Bancorp-Inc-Declares-Quarterly-Cash-Dividend.html
[2] https://www.stocktitan.net/news/QNTO/quaint-oak-bancorp-inc-declares-quarterly-cash-fx43ymp4cpwz.html

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