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North Dallas Bank & Trust Co. Announces Latest Dividend Update

North Dallas Bank & Trust Co. Announces Latest Dividend Update

North Dallas Bank & Trust Co. Declares Dividend

Recently, the Board of Directors at North Dallas Bank & Trust Co. (NODB) announced a dividend of $0.10 per share. This declaration is an important indication of the bank's ongoing dedication to its shareholders, benefiting those who own shares as of the record date.

Essential Details About the Dividend

The dividend is set to be paid on October 25, a key date for shareholders to remember. To qualify for this dividend, individuals must hold shares by the record date on October 18. Such announcements play a vital role in building investor trust and loyalty among shareholders.

Assessing NDBT’s Financial Health

This dividend payment highlights the current financial stability of North Dallas Bank & Trust Co. However, it's important for shareholders to keep in mind that future dividends are not guaranteed. The continuation of such payments depends on the bank’s financial situation and the wider economic landscape.

About North Dallas Bank & Trust Co.

Established in 1961, North Dallas Bank & Trust Co. has built a solid reputation as an independent community bank. They operate five banking centers serving the areas of Dallas, Addison, Frisco, Las Colinas, and Plano. Their headquarters is conveniently located at 12900 Preston Road, at the intersection of Preston Road and LBJ, showcasing their commitment to providing outstanding banking services to the community.

Community Banking and Services

NDBT focuses on supporting both individuals and businesses by offering genuine banking solutions and wealth management services. Their innovative online banking tools improve customer experience, making financial management easier and more accessible. As members of the FDIC and an Equal Housing Lender, NDBT upholds a strong ethical standard in banking.

Contact Information

If you have any questions regarding the recent dividend declaration or any banking services, you can contact Glenn Henry, the Chief Financial Officer of NDBT. Alternatively, feel free to call 972.716.7100 for more detailed 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.

About The Author

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The content of this article is based on factual, publicly available information and does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice, and the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. This article should not be considered advice to purchase, sell, or hold any securities or other investments. If any of the material provided here is inaccurate, please contact us for corrections.

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