Infinity Bancorp Announces Quarterly Cash Dividend

Rhea-AI Summary

Infinity Bancorp (INFT) has announced a quarterly cash dividend of $0.07 per common share. The dividend will be payable on November 29, 2024 to shareholders of record as of November 14, 2024. Infinity Bancorp, established in October 2022, operates through its sole subsidiary, Infinity Bank, a community bank founded in February 2018 that focuses on serving commercial businesses, professional service entities, and their stakeholders with depository products, services, and commercial financing solutions.

Positive

• Consistent dividend payment demonstrates financial stability
• Maintains shareholder returns through quarterly dividend program

Negative

• None.

SANTA ANA, CA / ACCESSWIRE / October 30, 2024 / Infinity Bancorp (OTCQB: INFT) (the "Company" or "Bancorp"), the holding company for Infinity Bank (the "Bank"), today announced the approval of a quarterly cash dividend by its Board of Directors. The Board of Directors declared a cash dividend of $0.07 per common share, payable November 29, 2024 to shareholders of record on November 14, 2024.

Infinity Bank is the sole subsidiary of Infinity Bancorp. Infinity Bancorp, formed on October 21, 2022, is the bank holding company for Infinity Bank. The Bancorp does not have any operations other than through its sole subsidiary, Infinity Bank. The Bank is a community bank that commenced operations in February 2018. The Bank is focused on serving the banking needs of commercial businesses, professional service entities, their owners, employees, and families. The Bank offers a broad selection of depository products and services as well as business loan and commercial real estate financing products uniquely designed for each client. For more information about Infinity Bank and its services, please visit the website at www.infinity.bank

6 Hutton Centre Drive, Suite 100
Santa Ana, CA 92707

Bala Balkrishna CEO Phone:(657) 223-1000 Bala@infinity.bank

Victor Guerrero President, COO Phone: (562) 631-3042 Victor@infinity.bank

Allison Duncan CFO Phone: (657) 304-2378 |Allisond@infinity.bank

SOURCE: Infinity Bank Santa Ana California

View the original press release on accesswire.com

FAQ

What is Infinity Bancorp's (INFT) latest quarterly dividend amount?

Infinity Bancorp (INFT) declared a quarterly cash dividend of $0.07 per common share.

When is Infinity Bancorp's (INFT) next dividend payment date?

The dividend will be paid on November 29, 2024, to shareholders of record as of November 14, 2024.

What is the record date for Infinity Bancorp's (INFT) latest dividend?

The record date for Infinity Bancorp's (INFT) latest dividend is November 14, 2024.