Quaint Oak Bancorp Inc (OTCMKTS:QNTO) Increases Dividend to $0.09 Per Share
Quaint Oak Bancorp Inc (OTCMKTS:QNTO) announced 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 dividend on an annualized basis and a dividend yield of 2.83%. The ex-dividend date of this dividend is Friday, July 19th. This is a boost from Quaint Oak Bancorp’s previous quarterly dividend of $0.07.
OTCMKTS QNTO opened at $12.70 on Thursday. The company has a debt-to-equity ratio of 1.39, a current ratio of 1.18 and a quick ratio of 1.16. The stock has a 50 day simple moving average of $12.99. Quaint Oak Bancorp has a 12 month low of $11.82 and a 12 month high of $14.00. The company has a market cap of $25.36 million, a P/E ratio of 11.87 and a beta of 0.36.
Quaint Oak Bancorp (OTCMKTS:QNTO) last released its earnings results on Thursday, April 25th. The financial services provider reported $0.21 EPS 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.
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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