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OTTAWA BANCORP, INC. ANNOUNCES CASH DIVIDEND

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Ottawa Bancorp (OTCQX: OTTW), the holding company for OSB Community Bank, has declared a quarterly cash dividend of $0.11 per share. The dividend will be payable on March 19, 2025, to stockholders of record as of March 5, 2025.

OSB Community Bank provides various financial services, including checking, money market, savings accounts, and retirement accounts. The bank's loan portfolio encompasses residential mortgages, multi-family and non-residential real estate, commercial loans, auto loans, and home equity lines of credit. Founded in 1871, OSB Community Bank is headquartered in Ottawa, Illinois.

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Positive

  • Consistent dividend payment maintained at $0.11 per share
  • Diverse revenue streams from various banking services and loan products

Negative

  • None.

News Market Reaction

+0.69%
1 alert
+0.69% News Effect

On the day this news was published, OTTW gained 0.69%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

OTTAWA, Ill., Feb. 19, 2025 (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 19, 2025, to stockholders of record as of the close of business on March 5, 2025.   

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 is the dividend amount announced by Ottawa Bancorp (OTTW) for Q1 2025?

Ottawa Bancorp (OTTW) announced a quarterly cash dividend of $0.11 per share for Q1 2025.

When is the OTTW dividend payable and what is the record date?

The dividend is payable on March 19, 2025, to stockholders of record as of March 5, 2025.

What types of loans does Ottawa Bancorp (OTTW) offer through OSB Community Bank?

OSB Community Bank offers residential mortgages, multi-family and non-residential real estate loans, commercial loans, auto loans, and home equity lines of credit.

What banking services does OTTW provide through OSB Community Bank?

OTTW provides various financial services including checking, money market, regular savings, club savings, certificate, and retirement accounts through OSB Community Bank.
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Banks - Regional
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United States
Ottawa