Summit Bancshares, Inc. Announces a Special Dividend

Summit Bancshares Inc. (OTC: SMAL) has announced a one-time special cash dividend of $0.31 per share, commemorating the bank's 42nd year in business.

(Neutral)

Rhea-AI Sentiment

(Neutral)How Sentiment works

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.

How Sentiment works How the balance works

Tags

dividends

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google

09/28/2024 - 12:32 AM EDT

OAKLAND, Calif.--(BUSINESS WIRE)-- The Board of Directors of Summit Bancshares Inc., at a meeting held on September 18, 2024, in recognition of the bank’s 42nd year in business, declared a one-time special cash dividend of $0.31 per share, payable on October 31, 2024, to holders of record as of the close of business on October 10, 2024.

We are especially proud of our history of success having achieved monthly profits in our second month of operation and have consistently been profitable for 504 months.

Summit Bancshares, Inc., (OTC Bulletin Board: SMAL is the parent company of Summit Bank).

View source version on businesswire.com: https://www.businesswire.com/news/home/20240927246052/en/

Shirley W. Nelson
(510) 839-8800

Source: Summit Bancshares, Inc.

Keep reading

More on SMAL

All SMAL news

Trending in the feed

RKLB

Rocket Lab Provides Update on Neutron Development and Adjusts Target Launch Timing Open the live feed