North Dallas Bank & Trust Co. Announces Regular Dividend of $0.10 per Share

North Dallas Bank & Trust Co. (OTCBB: NODB) has announced a regular dividend of $0.10 per share, set to be distributed to shareholders on record as of July 12, 2024. The payment is scheduled for July 19, 2024, according to a statement released by the bank on Monday.

This dividend declaration reflects the bank’s current financial health, with future dividends contingent on ongoing performance. Shareholders are advised to mark their calendars and contact the bank’s CFO for inquiries.

Established in 1961, North Dallas Bank & Trust Co. operates as an independent community bank with five banking centers across Dallas and its surrounding areas. The bank aims to provide authentic banking solutions and wealth management services to support customers in their financial decisions.

Investors can look forward to the upcoming dividend payment in July, as the bank continues its tradition of returning value to shareholders. However, financial metrics indicate some areas of concern, such as a high earnings multiple and a decline in revenue over the last twelve months.

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