Parkway Acquisition Corp. Announces Cash Dividend
Parkway Acquisition Corp. (PKKW) has announced a cash dividend of $0.13 per share on its common stock.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Summary
Parkway Acquisition Corp. (PKKW) has announced a cash dividend of $0.13 per share on its common stock. This dividend will be payable on September 18, 2020, to shareholders of record by September 4, 2020. The decision was made by the Parkway Board of Directors on August 18, 2020. Parkway operates Skyline National Bank, serving southwestern Virginia and northwestern North Carolina with a network of 24 branches and 2 loan production offices.
Positive
- Dividend of $0.13 per share reflects company profitability.
- Strengthens shareholder confidence.
- Presence in southwestern Virginia and northwestern North Carolina enhances market positioning.
Negative
- None.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FLOYD, Va., Aug. 20, 2020 /PRNewswire/ -- Parkway Acquisition Corp. ("Parkway" or the "Company") (OTC QX: PKKW) – the holding company for Skyline National Bank ("Skyline"), announces a cash dividend on the Company's common stock of
Skyline is the wholly-owned subsidiary of Parkway and serves southwestern Virginia and northwestern North Carolina with 24 branches and 2 loan production offices.
For more information contact:
Blake Edwards, President & CEO – 276-773-2811
Lori Vaught, EVP & CFO – 276-773-2811
View original content:http://www.prnewswire.com/news-releases/parkway-acquisition-corp-announces-cash-dividend-301115863.html
SOURCE Parkway Acquisition Corp.
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