Quaint Oak Bancorp, Inc. Declares Quarterly Cash Dividend
16 April 2010 - 5:17AM
Quaint Oak Bancorp, Inc. (OTCBB:QNTO) (the "Company"), the holding
company for Quaint Oak Bank (the "Bank"), announced today that its
Board of Directors at their meeting on April 14, 2010 declared a
quarterly cash dividend of $.03 per share on the common stock of
the Company payable on May 10, 2010, to the shareholders of record
at the close of business on April 26, 2010.
Robert T. Strong, President and Chief Executive Officer stated,
"I am pleased to announce the increase in our quarterly cash
dividend to $.03 per share, which reflects our positive financial
performance for 2009. As always, our current and continued business
strategy includes long term profitability and payment of
dividends. This focus reflects the Company's strong commitment
to shareholder value."
Quaint Oak Bancorp, Inc. is a community-based, savings and loan
holding company providing consumer and commercial banking services
through its wholly-owned subsidiary, Quaint Oak Bank, headquartered
in Southampton, Pennsylvania. Quaint Oak Bank has served
individuals and businesses in the Bucks County area for more than
80 years. Quaint Oak Bancorp's website is
www.quaintoak.com.
The Quaint Oak Bancorp, Inc. logo is available at
http://www.globenewswire.com/newsroom/prs/?pkgid=4654
Statements contained in this news release which are not
historical facts may be forward-looking statements as that term is
defined in the Private Securities Litigation Reform Act of
1995. Forward-looking statements can be identified by the fact
that they do not relate strictly to historical or current
facts. They often include words like "believe," "expect,"
"anticipate," "estimate" and "intend" or future or conditional
verbs such as "will," "would," "should," "could" or "may." We
undertake no obligation to update any forward-looking
statements.
CONTACT: Quaint Oak Bancorp, Inc.
Robert T. Strong, President and
Chief Executive Officer
(215) 364-4059
Quaint Oak Bancorp (QB) (USOTC:QNTO)
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