Pinnacle Bancshares Declares Dividend of $0.11 Per Share to Accelerate Payment of Calendar Year 2013 First Quarter Dividend
15 December 2012 - 7:08AM
Business Wire
Robert B. Nolen, Jr., President and Chief Executive Officer of
Pinnacle Bancshares, Inc. (OTCBB:PCLB), today announced that the
Board of Directors has declared a cash dividend of $0.11 per share
on the Company’s common stock. This dividend is in lieu of
declaring and paying a regular quarterly cash dividend in the first
quarter of calendar year 2013. The accelerated cash dividend is
payable on December 31, 2012 to stockholders of record on December
24, 2012.
The Company’s wholly owned subsidiary, Pinnacle Bank, has seven
offices located in central and northwest Alabama.
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