Pinnacle Bancshares Declares $0.27 Per Share Quarterly Cash Dividend

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Pinnacle Bancshares approves quarterly cash dividend of $0.27 per share, payable on June 16, 2023.

Positive

• Pinnacle Bancshares approves quarterly cash dividend of $0.27 per share, equivalent to an annualized rate of $1.08 per share.

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• None.

JASPER, Ala.--(BUSINESS WIRE)-- Pinnacle Bancshares, Inc. (OTCBB: PCLB) today announced that its Board of Directors has approved a quarterly cash dividend of $0.27 per share. The dividend is payable June 16, 2023 to stockholders of record on June 6, 2023. The quarterly amount is equivalent to an annualized rate of $1.08 per share.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230524005811/en/

Joe Adams, III, CFO

(205) 221-8866

Source: Pinnacle Bancshares, Inc.

What is the dividend amount approved by Pinnacle Bancshares?

Pinnacle Bancshares has approved a quarterly cash dividend of $0.27 per share.

When will the dividend be payable?

The dividend will be payable on June 16, 2023.

What is the annualized rate of the dividend per share?

The annualized rate of the dividend per share is $1.08.