Pinnacle Bankshares Corp (PPBN) Declares $0.14 Quarterly Dividend; 1.8% Yield

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Pinnacle Bankshares Corporation Announces Cash Dividend

November 14, 2019 2:00 PM EST

ALTAVISTA, Va., Nov. 14, 2019 (GLOBE NEWSWIRE) -- Pinnacle Bankshares Corporation (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 $0.14 per share on November 12, 2019 payable December 6, 2019 to shareholders of record as of November 22, 2019. 

The $0.14 per share cash dividend is equal to the $0.14 dividend paid last quarter and marks the twenty-ninth consecutive quarter that a dividend has been declared.  Pinnacle previously released its 2019 third quarter earnings on October 17, 2019 indicating record net income for the first nine... More