Pioneer Bankshares Inc. (PNBI) Raises Dividend to $0.21 Per Share

Pioneer Bankshares Inc. (OTCMKTS:PNBI) declared a quarterly dividend on Thursday, February 8th, Zacks reports. Investors of record on Tuesday, March 20th will be paid a dividend of 0.21 per share on Friday, March 30th. This represents a $0.84 annualized dividend and a yield of 2.82%. The ex-dividend date is Monday, March 19th. This is a positive change from Pioneer Bankshares’s previous quarterly dividend of $0.20.

Pioneer Bankshares (PNBI) opened at $29.75 on Wednesday. Pioneer Bankshares has a 52-week low of $23.00 and a 52-week high of $29.99.

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About Pioneer Bankshares

Pioneer Bankshares, Inc, is a one bank holding company. The Company’s wholly owned subsidiary is Pioneer Bank, Inc (the Bank). The Bank is engaged in the personal banking, business banking, Investment/Insurance and customer service business. The Company’s loan portfolio gives emphasis to real estate, consumer, small businesses, commercial and farming interests.

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