Ottawa Bancorp, Inc. Announces Cash Dividend

Rhea-AI Summary

Ottawa Bancorp, Inc. (OTCQX: OTTW), the holding company for OSB Community Bank, has announced a quarterly cash dividend of $0.11 per share. This dividend is payable on September 18, 2024, to stockholders of record as of the close of business on September 4, 2024.

OSB Community Bank, founded in 1871, offers various financial services including deposit accounts and loans. The bank's portfolio includes residential mortgage, multi-family and non-residential real estate, commercial, and construction loans, as well as auto loans and home equity lines of credit.

Positive

• Declaration of a quarterly cash dividend of $0.11 per share
• Consistent dividend payout indicates financial stability

Negative

• None.

OTTAWA, Ill., Aug. 21, 2024 (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 September 18, 2024, to stockholders of record as of the close of business on September 4, 2024.   

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.

FAQ

What is the dividend amount announced by Ottawa Bancorp (OTTW) for Q3 2024?

Ottawa Bancorp (OTTW) has announced a quarterly cash dividend of $0.11 per share for Q3 2024.

When is the dividend payable for Ottawa Bancorp (OTTW) shareholders?

The dividend is payable on or about September 18, 2024, to stockholders of record as of the close of business on September 4, 2024.

What types of financial services does OSB Community Bank offer?

OSB Community Bank offers various deposit accounts, including checking, money market, savings, and retirement accounts, as well as loans such as residential mortgages, commercial loans, and auto loans.

When was OSB Community Bank founded?

OSB Community Bank was founded in 1871 and is headquartered in Ottawa, Illinois.