Pinnacle Bankshares Corp (PPBN) Declares $0.25 Quarterly Dividend; 5% Yield

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Pinnacle Bankshares Corporation Increases Quarterly Cash Dividend to 25 Cents per Share

November 15, 2023 11:00 AM EST

ALTAVISTA, Va., Nov. 15, 2023 (GLOBE NEWSWIRE) -- Pinnacle Bankshares Corporation (Pinnacle or 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 $0.25 per share on November 14, 2023, payable December 8, 2023, to shareholders of record as of November 24, 2023.

The $0.25 per share cash dividend is an increase of $0.05 per share, or 25%, compared to the $0.20 per share cash dividend paid last quarter and marks the forty-fifth consecutive quarter that a dividend has been declared.

Pinnacle is pleased to... More