Oregon Bancorp, Inc. (ORBN) Declares $1.20 Special Cash Dividend; 3.9% Yield
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Oregon Bancorp Announces Special Dividend
February 23, 2018 1:08 PM ESTSALEM, Ore.--(BUSINESS WIRE)-- Oregon Bancorp, Inc. (OTCBB: ORBN) (the Company), parent company of Willamette Valley Bank, announced today that its Board of Directors declared a special cash dividend of $1.20 per share payable on March 15, 2018, to shareholders of record as of March 1, 2018.
Our continuing financial success in 2017 has enabled us to reward our loyal shareholders with a portion of our earnings, said Neil Grossnicklaus, President and CEO. Our balance sheet is well positioned to sustain future asset growth and allow us to take advantages of opportunities as they arise.
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