Quaint Oak Bancorp Inc (OTCMKTS:QNTO) to Issue Quarterly Dividend of $0.09

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Quaint Oak Bancorp Inc (OTCMKTS:QNTO) declared a quarterly dividend on Wednesday, July 10th, Zacks reports. Investors of record on Monday, July 22nd will be given a dividend of 0.09 per share by the financial services provider on Monday, August 5th. This represents a $0.36 annualized dividend and a yield of 2.83%. The ex-dividend date of this dividend is Friday, July 19th. This is an increase from Quaint Oak Bancorp’s previous quarterly dividend of $0.07.

Quaint Oak Bancorp stock opened at $12.70 on Wednesday. Quaint Oak Bancorp has a fifty-two week low of $11.82 and a fifty-two week high of $14.00. The stock has a market capitalization of $25.36 million, a PE ratio of 11.87 and a beta of 0.36. The stock’s 50-day moving average price is $12.99. The company has a current ratio of 1.18, a quick ratio of 1.16 and a debt-to-equity ratio of 1.39.

Quaint Oak Bancorp (OTCMKTS:QNTO) last released its quarterly earnings results on Thursday, April 25th. The financial services provider reported $0.21 earnings per share for the quarter. Quaint Oak Bancorp had a net margin of 12.72% and a return on equity of 9.01%. The business had revenue of $2.98 million for the quarter.

In related news, insider William R. Gonzalez sold 10,000 shares of the business’s stock in a transaction dated Tuesday, May 21st. The shares were sold at an average price of $12.21, for a total transaction of $122,100.00. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. 31.70% of the stock is currently owned by insiders.

Quaint Oak Bancorp Company Profile

Quaint Oak Bancorp, Inc operates as the holding company for Quaint Oak Bank that provides various banking products and services. It offers deposit products, such as savings accounts, non-interest bearing business and consumer checking accounts, and certificates of deposit. The company also provides one-to-four family residential real estate, multi-family residential, commercial real estate, construction, home equity, commercial business, and other consumer loans.

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Dividend History for Quaint Oak Bancorp (OTCMKTS:QNTO)

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