North Dallas Bank & Trust Co. Announces Latest Dividend Update
North Dallas Bank & Trust Co. Announces Dividend Declaration
On a recent occasion, the Board of Directors of North Dallas Bank & Trust Co. (NODB) declared a dividend of $0.10 per share. This announcement is significant as it indicates the bank's ongoing commitment to its shareholders, with the dividend set to benefit those who hold shares as of the record date.
Key Details of the Dividend Announcement
The declared dividend will be payable on October 25, which is an essential date for shareholders to note. The record date for this dividend is October 18, meaning that all individuals holding shares by this date will receive the benefits of this distribution. Such announcements are crucial for maintaining investor confidence and enforcing shareholder loyalty.
Understanding NDBT’s Financial Position
The dividend payment showcases North Dallas Bank & Trust Co.'s current financial health. However, it is important to note that these dividends are not guaranteed for the future. Shareholders must remain aware that the continuation of such payments hinges on the bank's overall financial condition and the broader economic context.
About North Dallas Bank & Trust Co.
Founded in 1961, North Dallas Bank & Trust Co. has quite the legacy as an independent community bank. With five banking centers, they proudly serve the areas of Dallas, Addison, Frisco, Las Colinas, and Plano. Their headquarters, located on the corner of Preston Road and LBJ at 12900 Preston Road, reflects their commitment to providing top-notch banking services to their community.
Community Banking and Services
NDBT is dedicated to supporting individuals and businesses by offering authentic banking solutions and wealth management services. Their innovative online banking tools further enhance customer experience, making financial management simpler and more accessible. As a member of the FDIC and an Equal Housing Lender, NDBT maintains a strong ethical stance in banking.
Contact Information
For any inquiries regarding the recent dividend declaration or other banking services, customers can reach out to Glenn Henry, the Chief Financial Officer of NDBT. Alternatively, interested parties can call 972.716.7100 for more comprehensive information.
Frequently Asked Questions
What is the amount of the declared dividend by NODB?
The declared dividend is $0.10 per share.
When is the payment date for the declared dividend?
The payment date for the dividend is October 25.
What is the record date for shareholders to qualify for the dividend?
The record date for shareholders is October 18.
What year was North Dallas Bank & Trust Co. founded?
NDBT was founded in 1961.
How can customers contact North Dallas Bank & Trust Co.?
Customers can reach them at 972.716.7100 for inquiries.
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