DALLAS - North Dallas Bank & Trust Co. (OTCBB: NODB) has declared a regular dividend payment for its shareholders, as announced by the institution's Board of Directors. The dividend, set at $0.10 per share, will be distributed to shareholders who are on record as of December 20, 2024. The payment date for this dividend is scheduled for December 31, 2024.
This dividend declaration follows the bank's evaluation of its current financial health, and it is noted that the continuation of dividend payments is not guaranteed for the future. The decision reflects the bank's performance and is not an indicator of future dividend policies. With a market capitalization of $123.57 million and trailing twelve-month revenue of $38.2 million, the bank maintains a P/E ratio of 48.2. InvestingPro analysis reveals several additional insights about the bank's financial health and market position, with more detailed metrics available to subscribers.
Established in 1961, North Dallas Bank & Trust Co. is an independent community bank that operates five banking centers across the Dallas area, including locations in Dallas, Addison, Frisco, Las Colinas, and Plano. The bank's headquarters are situated at 12900 Preston Road in Dallas. North Dallas Bank & Trust Co. prides itself on providing authentic banking solutions, wealth management services, and advanced online banking tools to support the financial needs of its customers. It is also committed to assisting individuals and businesses in making informed decisions.
As a member of the Federal Deposit Insurance Corporation (FDIC), North Dallas Bank & Trust Co. assures its clients of the security of their deposits. The bank also operates as an Equal Housing Lender, ensuring fair and equal access to housing finance.
The information regarding the dividend declaration is based on a press release statement from the bank. For additional details about the dividend or the bank's services, interested parties can contact Glenn Henry, the Chief Financial Officer.
North Dallas Bank & Trust Co. has a longstanding presence in the Dallas community and continues to emphasize its role as a trusted financial partner for local residents and businesses.
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