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North Dallas Bank & Trust Co. Declares Regular Dividend of $0.25 Per Share

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Rhea-AI Summary

On March 16, 2021, North Dallas Bank & Trust Co. (OTCBB: NODB) declared a regular dividend of $0.25 per share, payable on April 9, 2021, to shareholders on record as of April 2, 2021. This decision reflects the bank's current financial stability, boasting assets totaling $1.5 billion. However, the bank emphasizes that current dividends do not guarantee future payments. For further inquiries, shareholders can contact CFO Glenn Henry.

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Positive

  • Declared a regular dividend of $0.25 per share, enhancing shareholder income.
  • Indicates strong financial position with assets of $1.5 billion.

Negative

  • Dividends are not guaranteed for the future, indicating potential uncertainty.

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

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DALLAS, March 17, 2021 (GLOBE NEWSWIRE) -- On March 16, 2021 the North Dallas Bank & Trust Co. (OTCBB: NODB) Board of Directors declared a regular dividend of $0.25 per share. The dividend is payable to shareholders of record as of April 2, 2021 and will be paid on April 9, 2021.

North Dallas Bank & Trust Co. is an independent bank established in 1961 with current locations in Dallas, Plano, Irving, Addison and Frisco, Texas. The current dividends are based on North Dallas Bank & Trust Co.’s current financial condition and are not a guarantee that dividends will continue to be paid in the future. For further information about North Dallas Bank & Trust Co., contact Glenn Henry, CFO.

Assets $1.5B.

Contact:
Glenn Henry, EVP and CFO
972.716.7100


FAQ

What is the dividend amount for North Dallas Bank & Trust Co. (NODB)?

The declared dividend amount is $0.25 per share.

When will the dividend for NODB be paid?

The dividend will be paid on April 9, 2021.

Who is eligible to receive the dividend from NODB?

Shareholders of record as of April 2, 2021, are eligible.

What is the current financial condition of North Dallas Bank & Trust Co.?

The bank has total assets amounting to $1.5 billion.

Are future dividends guaranteed for NODB shareholders?

No, the bank states that current dividends do not guarantee future payments.