Skyline Bankshares, Inc. Announces Semi-Annual Cash Dividend

Rhea-AI Summary

Skyline Bankshares (OTC QX: SLBK) has announced a semi-annual cash dividend of $0.25 per share on its common stock. The dividend will be paid on March 24, 2025, to shareholders of record as of March 14, 2025, following the Board of Directors' declaration on February 18, 2025.

The company operates through its wholly-owned subsidiary, Skyline National Bank, which maintains a presence across southwestern Virginia, northwestern North Carolina, and eastern Tennessee with 28 branches and 2 loan production offices.

Positive

• Consistent dividend payment maintained at $0.25 per share
• Strong regional presence with 28 branches and 2 loan production offices across three states

Negative

• None.

News Market Reaction – SLBK

-1.16%

-1.16% Session move

In the trading session that priced this news, SLBK declined 1.16%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FLOYD, Va. and INDEPENDENCE, Va., Feb. 24, 2025 (GLOBE NEWSWIRE) -- Skyline Bankshares, Inc. (the “Company”) (OTC QX: SLBK) – the holding company for Skyline National Bank (the “Bank”), announces a semi-annual cash dividend on the Company’s common stock of $0.25 per share, payable March 24, 2025 to shareholders of record on March 14, 2025. The Company’s Board of Directors declared the dividend on February 18, 2025.

Skyline National Bank is the wholly-owned subsidiary of Skyline Bankshares, Inc. and serves southwestern Virginia, northwestern North Carolina, and eastern Tennessee with 28 branches and 2 loan production offices.

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

FAQ

When will Skyline Bankshares (SLBK) pay its next dividend?

Skyline Bankshares will pay its semi-annual dividend of $0.25 per share on March 24, 2025.

What is the record date for SLBK's March 2025 dividend?

The record date for Skyline Bankshares' dividend is March 14, 2025.

How much is Skyline Bankshares' (SLBK) semi-annual dividend?

Skyline Bankshares' semi-annual dividend is $0.25 per share.

How many branches does Skyline National Bank operate?

Skyline National Bank operates 28 branches and 2 loan production offices across southwestern Virginia, northwestern North Carolina, and eastern Tennessee.