Quaint Oak Bancorp Inc (QNTO) to Issue Quarterly Dividend of $0.09 on August 5th

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 paid 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 yield of 2.83%. The ex-dividend date is Friday, July 19th. This is a positive change from Quaint Oak Bancorp’s previous quarterly dividend of $0.07.

Shares of OTCMKTS:QNTO opened at $12.70 on Wednesday. The company has a 50 day moving average price of $12.99. The company has a market capitalization of $25.36 million, a PE ratio of 11.87 and a beta of 0.36. The company has a debt-to-equity ratio of 1.39, a current ratio of 1.18 and a quick ratio of 1.16. Quaint Oak Bancorp has a 1 year low of $11.82 and a 1 year high of $14.00.

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

In other news, insider William R. Gonzalez sold 10,000 shares of Quaint Oak Bancorp stock in a transaction on Tuesday, May 21st. The shares were sold at an average price of $12.21, for a total transaction of $122,100.00. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. 31.70% of the stock is currently owned by insiders.

About Quaint Oak Bancorp

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.

Read More: How does a security become overbought?

Dividend History for Quaint Oak Bancorp (OTCMKTS:QNTO)

Receive News & Ratings for Quaint Oak Bancorp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Quaint Oak Bancorp and related companies with MarketBeat.com's FREE daily email newsletter.