CNB Community Bancorp, Inc. Declares Quarterly Cash Dividend of $0.29 Per Share

Rhea-AI Summary

CNB Community Bancorp, Inc. (OTCQX: CNBB) has announced a quarterly cash dividend of $0.29 per share on its common stock. This dividend remains consistent with the amount paid in the 3rd Quarter of 2023. The dividend is payable on October 11, 2024, for shareholders of record as of September 30, 2024. This announcement demonstrates CNB Community Bancorp's commitment to providing regular returns to its shareholders, maintaining its dividend policy despite potential economic uncertainties.

Positive

• Consistent quarterly dividend of $0.29 per share maintained
• Demonstrates company's ability to sustain shareholder returns

Negative

• None.

News Market Reaction – CNBB

-0.16%

-0.16% Session move

In the trading session that priced this news, CNBB declined 0.16%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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HILLSDALE, Mich., Sept. 13, 2024 /PRNewswire/ -- CNB Community Bancorp, Inc. (OTCQX: CNBB) announced that the Board of Directors has declared a quarterly cash dividend on the Company's common stock in the amount of $0.29 per share, consistent with the dividend paid for the 3^rd Quarter of 2023, payable on October 11, 2024 for shareholders of record on September 30, 2024.

About CNB Community Bancorp, Inc.
CNB Community Bancorp Inc. (OTCQX:CNBB) is a one-bank holding company. Its subsidiary bank, County National Bank ("CNB"), is a nationally chartered full-service community bank that also offers investment management and trust services, which has been serving Southern Michigan since 1934. In 2024, CNB was ranked 85^th in American Banker Magazine's Top 100 publicly traded banks under $2 billion. The corporate headquarters are in Hillsdale, Michigan. CNB provides a wide array of financial products and services through its 13 full-service offices and 19 ATMs.

View original content:https://www.prnewswire.com/news-releases/cnb-community-bancorp-inc-declares-quarterly-cash-dividend-of-0-29-per-share-302247744.html

SOURCE CNB Community Bancorp, Inc.

FAQ

What is the dividend amount declared by CNB Community Bancorp (CNBB) for Q3 2024?

CNB Community Bancorp (CNBB) has declared a quarterly cash dividend of $0.29 per share for Q3 2024.

When is the payment date for CNB Community Bancorp's (CNBB) Q3 2024 dividend?

The payment date for CNB Community Bancorp's (CNBB) Q3 2024 dividend is October 11, 2024.

What is the record date for CNB Community Bancorp's (CNBB) Q3 2024 dividend?

The record date for CNB Community Bancorp's (CNBB) Q3 2024 dividend is September 30, 2024.

Has CNB Community Bancorp (CNBB) changed its dividend amount compared to the previous quarter?

No, CNB Community Bancorp (CNBB) has maintained its quarterly dividend amount of $0.29 per share, consistent with the 3rd Quarter of 2023.