OTTAWA BANCORP, INC. ANNOUNCES SPECIAL CASH DIVIDEND AND INCREASE IN QUARTERLY CASH DIVIDEND
In making the announcement, Craig Hepner, President and Chief Executive Officer of the Company, said We are pleased to announce the payment of a $.25 special dividend.
- In making the announcement, Craig Hepner, President and Chief Executive Officer of the Company, said We are pleased to announce the payment of a $.25 special dividend.
- This is the third time since the Company converted to the fully stock form of corporate organization in 2016 that the Company has paid a special dividend.
- Additionally, the Companys Board of Directors has approved an increase in the Companys quarterly cash dividend from $0.08 per share to $0.10 per share.
- The increased quarterly cash dividend and the special cash dividend will be paid on or about March 17, 2021, to common stockholders of record as of the close of business on March 3, 2021.