OTTAWA BANCORP, INC. ANNOUNCES CASH DIVIDEND

Rhea-AI Summary

Ottawa Bancorp (OTCWX: OTTW) declared a quarterly cash dividend of $0.11 per share, payable on or about March 18, 2026 to shareholders of record at the close of business on March 4, 2026. The company is the holding company for OSB Community Bank, headquartered in Ottawa, Illinois.

OSB Community Bank offers deposit accounts and a diversified loan portfolio including residential, commercial, construction, auto loans, and home equity lines of credit.

Positive

• Declared cash dividend of $0.11 per share
• Dividend payable on March 18, 2026 to record holders on March 4, 2026
• Restates stable retail and commercial banking product mix at OSB Community Bank

Negative

• Dividend size is fixed at $0.11 with no guidance on future increases

OTTAWA, Ill., Feb. 18, 2026 (GLOBE NEWSWIRE) -- Ottawa Bancorp, Inc. (OTCQX: OTTW), the holding company for OSB Community Bank, announced today that its Board of Directors has declared a quarterly cash dividend of $0.11 per share, payable on or about March 18, 2026, to stockholders of record as of the close of business on March 4, 2026.   

Ottawa Bancorp, Inc. is the holding company for OSB Community Bank which provides various financial services to individual and corporate customers in the United States. OSB Community Bank offers various deposit accounts, including checking, money market, regular savings, club savings, certificate, and various retirement accounts. Its loan portfolio includes one-to-four family residential mortgage, multi-family and non-residential real estate, commercial, and construction loans as well as auto loans and home equity lines of credit. OSB Community Bank was founded in 1871 and is headquartered in Ottawa, Illinois. For more information about Ottawa Bancorp, Inc and OSB Community Bank, please visit www.myosb.bank.

Contact:    Craig Hepner
                  President and Chief Executive Officer
                  (815) 366-5437

FAQ

What dividend did Ottawa Bancorp (OTTW) declare for March 2026?

Ottawa Bancorp declared a quarterly cash dividend of $0.11 per share. According to the company, the dividend is payable on or about March 18, 2026 to shareholders of record as of March 4, 2026.

When is the record date and payment date for OTTW's March 2026 dividend?

The record date is the close of business on March 4, 2026 and the payment date is on or about March 18, 2026. According to the company, eligible shareholders recorded by the record date will receive the payment.

How does the OTTW dividend affect shareholders receiving cash in March 2026?

Shareholders of record as of March 4, 2026 will receive $0.11 per share on or about March 18, 2026. According to the company, the distribution will be made as a quarterly cash dividend to eligible holders.

Which entity is paying the $0.11 dividend for OTTW and what services does it offer?

The dividend is paid by Ottawa Bancorp, the holding company for OSB Community Bank. According to the company, OSB Community Bank provides deposit accounts and a diversified loan portfolio including residential and commercial loans.

Do OTTW shareholders need to take action to receive the March 2026 dividend?

No action is required if shares are recorded in the shareholder registry by March 4, 2026. According to the company, holders of record on that date will automatically be eligible for the $0.11 per share payment.