Quaint Oak Bancorp, Inc. Declares Quarterly Cash Dividend
Rhea-AI Summary
Quaint Oak Bancorp (OTCQB: QNTO) has declared a quarterly cash dividend of $0.13 per share on its common stock. The dividend will be paid on May 5, 2025, to shareholders of record as of April 21, 2025.
The company operates through its wholly-owned subsidiary Quaint Oak Bank, a Pennsylvania-chartered stock savings bank with three regional offices in the Delaware Valley, Lehigh Valley and Philadelphia markets. The bank's subsidiary companies include Quaint Oak Abstract, Quaint Oak Insurance Agency, Quaint Oak Mortgage, and Oakmont Commercial, a specialty commercial real estate financing company. All subsidiaries operate across multiple states.
Positive
- Consistent dividend payment maintained at $0.13 per share
- Multi-state operations across diverse financial services
- Diversified business model with multiple subsidiary companies
Negative
- None.
SOUTHAMPTON, Pa., April 10, 2025 (GLOBE NEWSWIRE) -- Quaint Oak Bancorp, Inc. (OTCQB: QNTO) (the "Company"), the holding company for Quaint Oak Bank, announced today that its Board of Directors declared a quarterly cash dividend of
Quaint Oak Bancorp, Inc., a Financial Services Company, is the parent company for the Quaint Oak Family of Companies. Quaint Oak Bank, a Pennsylvania-chartered stock savings bank and wholly-owned subsidiary of the Company, is headquartered in Southampton, Pennsylvania and conducts business through three regional offices located in the Delaware Valley, Lehigh Valley and Philadelphia markets. Quaint Oak Bank’s subsidiary companies include Quaint Oak Abstract, LLC, Quaint Oak Insurance Agency, LLC, Quaint Oak Mortgage, LLC and Oakmont Commercial, LLC, a specialty commercial real estate financing company. All companies are multi-state operations.
Statements contained in this news release which are not historical facts may be forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. Forward-looking statements can be identified by the fact that they do not relate strictly to historical or current facts. They often include words like “believe,” “expect,” “anticipate,” “estimate” and “intend” or future or conditional verbs such as “will,” “would,” “should,” “could” or “may.” We undertake no obligation to update any forward-looking statements.
| Contact: |
| Quaint Oak Bancorp, Inc. |
| Robert T. Strong |
| Chief Executive Officer |
| 215.364.4059 |