NASB Financial, Inc. Declares Cash Dividend on Common Stock

(Neutral)

Rhea-AI Summary

On September 3, 2020, NASB Financial declared a quarterly cash dividend of $0.55 per share, scheduled for payment on September 25, 2020, to shareholders recorded by September 14, 2020. This declaration reflects the company's ongoing commitment to returning value to its investors. NASB Financial, operating since 1927, provides a range of personal banking and lending products, including competitive residential and commercial mortgages, primarily in the Kansas City area.

Positive

Quarterly cash dividend of $0.55 per share to enhance shareholder returns.

Negative

None.

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

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09/03/2020 - 02:57 PM

KANSAS CITY, Mo., Sept. 3, 2020 /PRNewswire/ -- NASB Financial, Inc. (OTCQX: NASB) announced today that its Board of Directors declared a quarterly cash dividend on common stock of $0.55 per share, which will be paid on September 25, 2020, to stockholders of record on September 14, 2020.

NASB Financial, Inc. is a unitary thrift holding company for North American Savings Bank, F.S.B. ("NASB"). Since 1927, NASB has been serving the financial needs of customers by providing an array of personal banking and lending products in the Kansas City metro area. Nationwide, NASB offers competitive residential and commercial mortgages with the safety and security of a Federal institution.

View original content:http://www.prnewswire.com/news-releases/nasb-financial-inc-declares-cash-dividend-on-common-stock-301124117.html

SOURCE NASB Financial, Inc.

FAQ

What is the dividend amount declared by NASB Financial in September 2020?

NASB Financial declared a cash dividend of $0.55 per share.

When will the NASB Financial dividend be paid?

The dividend will be paid on September 25, 2020.

Who will receive the NASB Financial dividend?

Shareholders of record as of September 14, 2020, will receive the dividend.

Is the NASB Financial dividend sustainable?

The press release does not provide specific information about the sustainability of the dividend.