County Bancorp, Inc. Announces Second Quarter Dividend
Rhea-AI Summary
County Bancorp (NASDAQ: ICBK) declared a quarterly cash dividend of $0.07 per share on May 19, 2020. The dividend is payable on June 19, 2020 to shareholders of record as of June 5, 2020. President Tim Schneider emphasized the commitment to shareholder value and the company’s optimistic future outlook amidst challenging times. County Bancorp, headquartered in Manitowoc, Wisconsin, primarily offers financial services focusing on agricultural businesses, particularly in dairy-related lending.
Positive
- Declared a quarterly cash dividend of $0.07 per share, demonstrating commitment to shareholder returns.
- The dividend payment reflects confidence in future business outlook.
Negative
- None.
News Market Reaction – ICBK
On the day this news was published, ICBK declined 0.32%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
MANITOWOC, Wis., May 21, 2020 (GLOBE NEWSWIRE) -- County Bancorp, Inc. (NASDAQ: ICBK), the parent company for Investors Community Bank, announced that on May 19, 2020 its Board of Directors declared a quarterly cash dividend of
“We are very pleased to be able to maintain our dividend payment in these unprecedented times. It reflects our commitment to returning shareholder value, as well as our confidence in our future outlook,” stated Tim Schneider, President of the Company and CEO of the Bank.
About County Bancorp, Inc.
County Bancorp, Inc., a Wisconsin corporation and registered bank holding company founded in May 1996, and our wholly-owned subsidiary Investors Community Bank, a Wisconsin-chartered bank, are headquartered in Manitowoc, Wisconsin. The state of Wisconsin is often referred to as “America’s Dairyland,” and one of the niches we have developed is providing financial services to agricultural businesses statewide, with a primary focus on dairy-related lending. We also serve business and retail customers throughout Wisconsin, with a focus on northeastern and central Wisconsin. Our customers are served from our full-service locations in Manitowoc, Appleton, Green Bay, and Stevens Point and our loan production offices in Darlington, Eau Claire, Fond du Lac and Sheboygan. Visit our Investor Relations site at Investors.ICBK.com for more details.
Investor Relations Contact
Glen L. Stiteley
EVP - CFO, Investors Community Bank
Phone: (920) 686-5658
Email: gstiteley@icbk.com
FAQ
What is the dividend amount declared by County Bancorp (ICBK)?
When will the dividend be paid to shareholders of ICBK?
What is the record date for the dividend payment for ICBK?
How does the dividend reflect on County Bancorp's commitment to its shareholders?
