Insider Selling: Quaint Oak Bancorp Inc (QNTO) Director Sells 3,352 Shares of Stock

Quaint Oak Bancorp Inc (OTCMKTS:QNTO) Director Andrew E. Dipiero, Jr. sold 3,352 shares of Quaint Oak Bancorp stock in a transaction that occurred on Friday, February 2nd. The shares were sold at an average price of $13.85, for a total transaction of $46,425.20. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

Quaint Oak Bancorp Inc (OTCMKTS:QNTO) traded up $0.80 during trading on Monday, reaching $13.85. 300 shares of the company were exchanged, compared to its average volume of 5,400. Quaint Oak Bancorp Inc has a 1 year low of $12.05 and a 1 year high of $14.00. The company has a quick ratio of 1.14, a current ratio of 1.17 and a debt-to-equity ratio of 1.24. The firm has a market cap of $26.59, a PE ratio of 15.56 and a beta of 0.12.

The company also recently declared a quarterly dividend, which will be paid on Monday, February 5th. Stockholders of record on Monday, January 22nd will be given a dividend of $0.05 per share. The ex-dividend date of this dividend is Friday, January 19th. This represents a $0.20 annualized dividend and a dividend yield of 1.44%. Quaint Oak Bancorp’s payout ratio is 27.03%.

TRADEMARK VIOLATION WARNING: This report was originally posted by American Banking News and is the property of of American Banking News. If you are accessing this report on another publication, it was stolen and republished in violation of US & international copyright laws. The legal version of this report can be read at https://www.americanbankingnews.com/2018/02/05/insider-selling-quaint-oak-bancorp-inc-qnto-director-sells-3352-shares-of-stock.html.

Quaint Oak Bancorp Company Profile

Quaint Oak Bancorp, Inc is a holding company for Quaint Oak Bank. Quaint Oak Bank’s primary business consists of attracting deposits from the general public through a range of deposit programs and investing such deposits in residential, commercial real estate, multi-family, construction loans, home equity loans and commercial lines of credit secured by property in its market area.

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