OTTAWA BANCORP, INC. ANNOUNCES CASH DIVIDEND
Ottawa Bancorp, Inc. (OTCQX: OTTW) has declared a quarterly cash dividend of $0.08 per share, set to be paid on December 16, 2020.
Rhea-AI Summary
Ottawa Bancorp, Inc. (OTCQX: OTTW) has declared a quarterly cash dividend of $0.08 per share, set to be paid on December 16, 2020. The record date for stockholders is December 2, 2020. As the holding company for Ottawa Savings Bank FSB, Ottawa Bancorp provides a range of financial services including various deposit and loan products. Founded in 1871, the bank serves individual and corporate customers in the U.S.
Positive
- Quarterly cash dividend of $0.08 per share enhances shareholder value.
Negative
- None.
Details
News Market Reaction – OTTW
In the trading session that priced this news, OTTW gained 0.99%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
AI-generated analysis. How Rhea-AI works. Not financial advice.
OTTAWA, Ill., Nov. 18, 2020 (GLOBE NEWSWIRE) -- Ottawa Bancorp, Inc. (OTCQX: OTTW), the holding company for Ottawa Savings Bank FSB, announced today that its Board of Directors has declared a quarterly cash dividend of
Ottawa Bancorp, Inc. is the holding company for Ottawa Savings Bank, FSB which provides various financial services to individual and corporate customers in the United States. The 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. Ottawa Savings Bank, FSB was founded in 1871 and is headquartered in Ottawa, Illinois. For more information about the Company and the Bank, please visit www.ottawasavings.com.
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