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Victory Bancorp, Inc. Announces Quarterly Cash Dividend

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Rhea-AI Summary

Victory Bancorp, Inc. (OTCQX:VTYB) declared a quarterly cash dividend of $0.05 per share, payable on or about September 16, 2021. The dividend will benefit stockholders of record as of September 2, 2021. This announcement is a key indicator of the company's ongoing commitment to returning value to its shareholders. Victory Bancorp operates as a commercial bank in Pennsylvania, providing services primarily to small and mid-sized enterprises.

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Positive

  • Quarterly cash dividend of $0.05 per share declared.
  • Dividend payment signifies company's commitment to shareholder value.

Negative

  • None.

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LIMERICK, Pa., Aug. 24, 2021 (GLOBE NEWSWIRE) -- Victory Bancorp, Inc. (OTCQX:VTYB), today announced that its Board of Directors has declared a quarterly cash dividend of $0.05 per outstanding share of common stock. The dividend will be paid on or about September 16, 2021, to stockholders of record as of the close of business on September 2, 2021.

The Victory Bancorp, Inc. is traded on the OTCQX market under the symbol VTYB (https://www.otcmarkets.com/) and is the parent company of The Victory Bank, a Pennsylvania state-chartered commercial bank, headquartered in Limerick, Pennsylvania, which is located just outside the Philadelphia market in Montgomery County. The Victory Bank was established in 2008 as a specialized business lender that provides high-quality banking services to small and mid-sized businesses and professionals through its two offices located in Montgomery and Berks Counties, Pennsylvania.

Additional information about The Victory Bancorp is available on its website, VictoryBank.com.

Contact:
Joseph W. Major,
Chairman and Chief Executive Officer
484-791-3407


FAQ

What is the dividend amount declared by Victory Bancorp?

Victory Bancorp declared a quarterly cash dividend of $0.05 per share.

When will the dividend be paid to shareholders of VTYB?

The dividend will be paid on or about September 16, 2021.

Who are the eligible shareholders for the dividend?

Shareholders of record as of September 2, 2021, are eligible for the dividend.

What is the significance of the dividend announcement for VTYB investors?

The dividend announcement indicates the company's commitment to providing value to its shareholders.