North Dallas Bank & Trust Co. Declares Year-End Regular Dividend

Rhea-AI Summary

NDBT (North Dallas Bank & Trust Co.) announced a regular dividend of $0.33 per share, declared on December 13, 2022. This dividend is payable to shareholders of record as of December 27, 2022, with payment scheduled for December 30, 2022. The bank reassured that dividends are based on its current financial condition but do not guarantee future payments. NDBT, established in 1961, operates five banking centers in the Dallas area and offers various banking and wealth management services.

Positive

• Regular dividend of $0.33 per share declared, reflecting confidence in current financial health.

Negative

• Dividends are not guaranteed for the future, indicating potential uncertainty in ongoing shareholder income.

News Market Reaction – NODB

+1.83%

+1.83% Session move

In the trading session that priced this news, NODB gained 1.83%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

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DALLAS, Dec. 14, 2022 (GLOBE NEWSWIRE) -- NDBT (North Dallas Bank & Trust Co.), an independent community bank established in 1961, today announced year-end dividends declared by its Board of Directors on December 13, 2022. The North Dallas Bank & Trust Co. (OTC: NODB) Board of Directors declared a regular dividend of $0.33 per share. The dividend is payable to shareholders of record as of December 27, 2022, and will be paid on December 30, 2022.

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. NDBT is Member FDIC and an Equal Housing Lender. For more information, call 972.716.7100, or visit online at www.ndbt.com or on Facebook at www.facebook.com/NDBTMarketing/.

Media Contact:
Brian C. Jensen
972-716-7124
brian.jensen@ndbt.com

FAQ

What is the dividend amount announced by NDBT?

NDBT announced a dividend of $0.33 per share.

When is the dividend payable to shareholders?

The dividend is payable on December 30, 2022.

Who is eligible to receive the NDBT dividend?

Shareholders of record as of December 27, 2022, are eligible.

Is the dividend from NDBT guaranteed in the future?

No, the dividend is based on current financial conditions and is not guaranteed for future payments.