Pinnacle Bankshares Corp. (OTCMKTS:PPBN) Announces Quarterly Dividend of $0.27

Key Points

• Pinnacle Bankshares Corp. announced a quarterly dividend of $0.27 per share, representing a 3.8% increase from the previous dividend of $0.26.
• The dividend will be paid on September 5th to shareholders of record as of August 22nd, providing an annualized yield of 3.0%.
• Pinnacle Bankshares had a quarterly earnings report showing an EPS of $1.21 and revenue of $12.15 million, with a return on equity of 12.44%.

Pinnacle Bankshares Corp. (OTCMKTS:PPBN - Get Free Report) announced a quarterly dividend on Wednesday, August 13th, RTT News reports. Shareholders of record on Friday, August 22nd will be given a dividend of 0.27 per share by the financial services provider on Friday, September 5th. This represents a c) annualized dividend and a yield of 3.0%. This is a 3.8% increase from Pinnacle Bankshares's previous quarterly dividend of $0.26.

Pinnacle Bankshares Stock Performance

Shares of PPBN stock traded down $0.13 during trading on Monday, reaching $35.44. 952 shares of the company's stock traded hands, compared to its average volume of 1,562. Pinnacle Bankshares has a 1 year low of $28.62 and a 1 year high of $35.57. The company has a market capitalization of $79.03 million, a P/E ratio of 7.98 and a beta of 0.33. The company has a current ratio of 0.88, a quick ratio of 0.86 and a debt-to-equity ratio of 0.12. The firm's 50-day moving average is $33.45 and its 200 day moving average is $32.55.

Pinnacle Bankshares (OTCMKTS:PPBN - Get Free Report) last issued its quarterly earnings data on Monday, July 28th. The financial services provider reported $1.21 earnings per share (EPS) for the quarter. The business had revenue of $12.15 million for the quarter. Pinnacle Bankshares had a return on equity of 12.44% and a net margin of 16.90%.

About Pinnacle Bankshares

Pinnacle Bankshares Corporation operates as the bank holding company for First National Bank that provides a range of commercial and retail banking products and services. The company accepts checking accounts, savings and time deposits, individual retirement accounts, certificates of deposit, and money market accounts.