PLUMAS BANCORP DECLARES QUARTERLY CASH DIVIDEND
Plumas Bancorp (Nasdaq:PLBC) has declared a quarterly cash dividend of $0.14 per share, set for payment on May 17, 2021, to shareholders recorded by May 1, 2021.
Sentiment and the balance of points
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Rhea-AI Summary
Plumas Bancorp (Nasdaq:PLBC) has declared a quarterly cash dividend of $0.14 per share, set for payment on May 17, 2021, to shareholders recorded by May 1, 2021. This decision reflects the company’s ongoing commitment to shareholder returns. Plumas Bank, headquartered in Quincy, California, operates 13 branches across Northern California and Nevada, and offers varied financial services, holding a Preferred Lender status from the SBA. The announcement signifies financial stability amid growth prospects.
Positive
- Quarterly dividend of $0.14 per share enhances shareholder returns.
- Payment date of May 17, 2021, shows commitment to consistent dividends.
- Preferred Lender status with the SBA indicates strong market position.
Negative
- None.
Details
News Market Reaction – PLBC
The recorded move for PLBC in the trading session of this news was -1.88%.
Data tracked by StockTitan Argus. Session date unavailable.
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QUINCY, Calif., April 22, 2021 (GLOBE NEWSWIRE) -- Plumas Bancorp (Nasdaq:PLBC), the parent company of Plumas Bank (the “Bank”), today announced that the Board of Directors declared a regular quarterly cash dividend on Plumas Bancorp common stock of
About Plumas Bancorp
Founded in 1980, Plumas Bank is a locally owned and managed full-service community bank headquartered in Northeastern California. The Bank operates thirteen branches: eleven located in the northern California counties of Plumas, Lassen, Placer, Nevada, Modoc and Shasta and two branches located in the northern Nevada counties of Washoe and Carson City. The Bank also operates three loan production offices: two located in the northern California counties of Placer and Butte and one located in the southern Oregon county of Klamath. Plumas Bank offers a wide range of financial and investment services to consumers and businesses and has received nationwide Preferred Lender status with the United States Small Business Administration. For more information on Plumas Bancorp and Plumas Bank, please visit our website at www.plumasbank.com.
Except for the historical information contained herein, the matters discussed in this news release are forward-looking statements that involve the risks and uncertainties, including the timely availability and acceptance of Bank products, the impact of competitive products and pricing, the management of growth, and other risks detailed from time to time in the Bank's publicly available regulatory reports.
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