Pinnacle Bankshares Corp. (PPBN) to Issue $0.10 Quarterly Dividend
Pinnacle Bankshares Corp. (OTCMKTS:PPBN) declared a quarterly dividend on Tuesday, November 14th, Zacks reports. Investors of record on Friday, November 24th will be paid a dividend of 0.10 per share by the financial services provider on Friday, December 8th. This represents a $0.40 dividend on an annualized basis and a yield of 1.38%. The ex-dividend date is Wednesday, November 22nd.
Pinnacle Bankshares Corp. (OTCMKTS PPBN) remained flat at $$29.00 during trading hours on Wednesday. Pinnacle Bankshares Corp. has a 12 month low of $22.60 and a 12 month high of $29.66. The stock has a market capitalization of $43.73, a price-to-earnings ratio of 14.22 and a beta of 0.45.
Pinnacle Bankshares Corp. (OTCMKTS:PPBN) last posted its quarterly earnings results on Wednesday, October 18th. The financial services provider reported $0.58 earnings per share (EPS) for the quarter. Pinnacle Bankshares Corp. had a return on equity of 8.63% and a net margin of 15.71%. The business had revenue of $4.84 million for the quarter.
Pinnacle Bankshares Corporation is a bank holding company. The Company conducts its business activities through its subsidiary, First National Bank (the Bank). The Bank offers a range of commercial and retail banking products and services, including checking, savings and time deposits, individual retirement accounts, merchant bankcard processing, residential and commercial mortgages, home equity loans, consumer installment loans, agricultural loans, investment loans, small business loans, commercial lines of credit and letters of credit.
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