Summit Bancshares, Inc. (SMAL) Raises Quarterly Dividend 11.1% to $0.10; 1.1% Yield

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Summit Bancshares, Inc. Announces an Increase in Cash Dividend and Payment Frequency Changed From Semi Annually to Quarterly

January 27, 2022 9:53 AM EST

OAKLAND, Calif.--(BUSINESS WIRE)-- The Board of Directors of Summit Bancshares Inc., at a meeting held on Jan 19, 2022, voted to change the frequency of Shareholder Dividends from semi-annual to quarterly and declared a quarterly cash dividend of $0.10 per share, an effective increase of $0.01 per share, payable on March 15,... More