CLDB Stock UPDATES Cortland Bncp Crtld Ohio (CLDB) 15.0000 10/23/2014
Post# of 273217
Cortland Bancorp Declares Quarterly Cash Dividend of $0.05 Per Share
GlobeNewswire - Mon Jul 28, 3:01PM CDT
Cortland Bancorp (OTCQX: CLDB), the holding company for Cortland Savings and Banking Company, today announced that its Board of Directors declared a quarterly cash dividend of $0.05 per share, providing a current yield of 1.60% at current market prices. The dividend will be payable on August 28, 2014, to shareholders of record as of the close of business on August 11, 2014.
Cortland Bancorp Profits Increased 30% in 2Q14 and 46% in First Half of 2014
GlobeNewswire - Mon Jul 28, 3:00PM CDT
Cortland Bancorp (OTCQX:CLDB), the holding company for Cortland Savings and Banking Company, today reported earnings increased 30% to $1.0 million, or $0.23 per share, compared to $799,000, or $0.18 per share, for the second quarter of 2013. For the first six months ended June 30, 2014, net income increased 46% to $2.4 million, or $0.52 per share, from $1.6 million, or $0.36 per share for the six months ended June 30, 2013.