Bancorp 34, Inc. (BCTF) Declares $1.25 Special Dividend; 8.3% Yield

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Go back to Bancorp 34, Inc. (BCTF) Declares $1.25 Special Dividend; 8.3% Yield

Bancorp 34, Inc. Announces Declaration Of Special Dividend

April 11, 2018 4:05 PM EDT

ALAMOGORDO, N.M., April 11, 2018 /PRNewswire/ -- Bancorp 34, Inc. ("Bancorp 34") (NASDAQ: BCTF), the holding company for Bank 34, announced that its Board of Directors has declared a special cash dividend of $1.25 per share.  The special dividend will be paid on May 9, 2018 to stockholders of record as of April 25, 2018.  This is Bancorp 34's first dividend since completing its mutual-to-stock conversion and related stock offering in October 2016.

Jill Gutierrez, Chief Executive Officer of Bancorp 34, noted, "This dividend reflects our current operating results, strong financial condition and our... More