Quaint Oak Bancorp, Inc. Declares Quarterly Cash Dividend – South Africa Today
SOUTHAMPTON, Pa., Jan. 11, 2024 – Quaint Oak Bancorp, Inc. (OTCQB: QNTO), the holding company for Quaint Oak Bank, has announced the declaration of a quarterly cash dividend of $0.13 per share on its common stock. The dividend is payable on February 5, 2024, to shareholders of record as of January 22, 2024.
Quaint Oak Bancorp, Inc. serves as the parent company for the Quaint Oak Family of Companies, which includes Quaint Oak Bank. As a Pennsylvania-chartered stock savings bank, Quaint Oak Bank has its headquarters in Southampton, Pennsylvania. It operates through three regional offices in the Delaware Valley, Lehigh Valley, and Philadelphia markets.
In addition to Quaint Oak Bank, the subsidiary companies under the Quaint Oak Family of Companies are Quaint Oak Abstract, LLC, Quaint Oak Insurance Agency, LLC, Quaint Oak Mortgage, LLC, Quaint Oak Real Estate, LLC, and Oakmont Commercial, LLC. While these companies operate in multiple states, Quaint Oak Real Estate, LLC exclusively operates in Pennsylvania. Quaint Oak Bank also holds a majority equity position in Oakmont Capital Holdings, LLC, a multi-state equipment finance company with locations in West Chester, Pennsylvania, and Albany, Minnesota.
Robert T. Strong, President and Chief Executive Officer of Quaint Oak Bancorp, Inc., expressed their commitment to providing value to shareholders by stating, The declaration of our cash dividend reflects our ongoing dedication to delivering strong financial performance for our shareholders.
It is important to note that forward-looking statements are included in this news release, which are subject to certain risks and uncertainties. These statements offer insight into the company’s expectations and future plans; however, they should not be considered guarantees of future performance.
For further information, interested parties can reach out to Quaint Oak Bancorp, Inc. by contacting Robert T. Strong, President and Chief Executive Officer, at 215.364.4059.
As a leading provider of financial services, Quaint Oak Bancorp, Inc. continues to prioritize the needs and interests of its diverse customer base. This quarterly cash dividend announcement demonstrates the company’s commitment to rewarding its shareholders and maintaining financial stability.
With its wide range of subsidiary companies, Quaint Oak Bancorp, Inc. facilitates comprehensive banking and financial solutions for individuals and businesses across multiple states. This commitment to multi-state operations enables the company to serve a broader audience and diversify its portfolio.
Disclaimer: Our news articles provide factual information obtained from reliable sources. We do not endorse or promote any specific financial institution or company. Readers are advised to conduct thorough research and seek professional advice before making any investment decisions.
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