North Dallas Bank & Trust Co. Declares Regular Dividend
Rhea-AI Summary
North Dallas Bank & Trust Co. (OTCBB: NODB) has announced its latest dividend declaration. The Board of Directors declared a regular dividend of $0.10 per share on March 18, 2025. The dividend will be paid to shareholders of record as of April 18, 2025, with the payment scheduled for April 24, 2025.
NDBT, founded in 1961, operates as an independent community bank with five banking centers across Dallas, Addison, Frisco, Las Colinas, and Plano. The bank emphasizes that current dividends are based on NDBT's financial condition and are not a guarantee of future dividend payments.
Positive
- Regular dividend payment maintains steady shareholder returns
- Established presence with five banking centers in key Texas markets
Negative
- Bank explicitly states dividends are not guaranteed for the future
- Dividend amount remains unchanged, showing no growth in shareholder returns
News Market Reaction
On the day this news was published, NODB declined 1.79%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
DALLAS, March 19, 2025 (GLOBE NEWSWIRE) -- On March 18, 2025, the Board of Directors of North Dallas Bank & Trust Co. (OTCBB: NODB) declared a regular dividend of
The current dividends are based on NDBT’s current financial condition and are not a guarantee that dividends will continue to be paid in the future. Further information about NDBT’s dividend declaration is available from Glenn Henry, Chief Financial Officer.
ABOUT NDBT
Founded in 1961, NDBT (North Dallas Bank & Trust Co.) is an independent community bank with five banking centers located in Dallas, Addison, Frisco, Las Colinas, and Plano. Headquartered on the corner of Preston Road and LBJ at 12900 Preston Road in Dallas, NDBT is dedicated to helping people make smarter choices in business and life by offering authentic banking solutions, wealth management, and innovative online banking tools. Member FDIC. NDBT is an Equal Housing Lender. For more information, call 972.716.7100, or visit online at www.ndbt.com.
Media Contact:
Brian C. Jensen
972-716-7124
brian.jensen@ndbt.com
FAQ
What is the dividend amount declared by North Dallas Bank & Trust (NODB) in March 2025?
When is the payment date for NODB's latest dividend?
What is the record date for NODB's March 2025 dividend?
How many banking centers does North Dallas Bank & Trust (NODB) currently operate?
