Parkway Acquisition Corp. Announces Cash Dividend

Rhea-AI Summary

Parkway Acquisition Corp. (PKKW) announced a cash dividend of $0.14 per share on August 17, 2021, with a payment date set for September 20, 2021. Shareholders of record by September 10, 2021 will receive the dividend. Parkway is the holding company for Skyline National Bank, which operates in southwestern Virginia and northwestern North Carolina, with a total of 24 branches and 1 loan production office.

Positive

• Cash dividend of $0.14 per share, indicating financial stability.
• Affiliation with Skyline National Bank enhances regional presence.

Negative

• None.

FLOYD, Va., Aug. 19, 2021 /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 $0.14 per share, payable September 20, 2021 to shareholders of record on September 10, 2021.  The Parkway Board of Directors declared the dividend on August 17, 2021.

Skyline is the wholly-owned subsidiary of Parkway and serves southwestern Virginia and northwestern North Carolina with 24 branches and 1 loan production office.

For more information contact:
Blake Edwards, President & CEO – 276-773-2811
Lori Vaught, EVP & CFO – 276-773-2811

 

View original content:https://www.prnewswire.com/news-releases/parkway-acquisition-corp-announces-cash-dividend-301359233.html

SOURCE Parkway Acquisition Corp.

FAQ

What is the cash dividend amount announced by Parkway Acquisition Corp.?

The cash dividend announced by Parkway Acquisition Corp. is $0.14 per share.

When will the cash dividend be paid to shareholders?

The cash dividend will be paid on September 20, 2021.

What is the record date for the cash dividend?

The record date for the cash dividend is September 10, 2021.

What regions does Skyline National Bank serve?

Skyline National Bank serves southwestern Virginia and northwestern North Carolina.