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Ottawa Bancorp, Inc. operates as the holding company for Ottawa Savings Bank, a savings bank that provides various financial services to individual and corporate customers in Illinois. The company's deposit products include saving, checking, money market, and interest-bearing accounts, as well as certificate of deposit. Its loan portfolio comprises commercial, non-residential real estate, one-to-four family residential, multi-family residential, consumer direct, and purchased auto loans; motor vehicle, home improvement, share, and personal unsecured loans, as well as home equity and small personal credit lines; and student loans. The company also provides cash management solutions, such as remote deposit capture, automated clearing house/payroll direct deposit, and merchant services, as well as commercial leasing services. In addition, it offers notary, lamination, night depository, document faxing, money gift envelopes, gift and travel cards, and coin counting, as well as debit and credit cards, and digital banking services. The company was formerly known as Ottawa Savings Bancorp, Inc. and changed its name to Ottawa Bancorp, Inc. in October 2016. Ottawa Bancorp, Inc. was founded in 1871 and is based in Ottawa, Illinois.

Ottawa Bancorp Dividend Announcement

Ottawa Bancorp announced a quarterly dividend of $0.11 per ordinary share which will be made payable on 2024-09-18. Ex dividend date: 2024-09-04
Ottawa Bancorp annual dividend for 2024 was $0.33
Ottawa Bancorp annual dividend for 2023 was $0.44
Ottawa Bancorp's trailing twelve-month (TTM) dividend yield is 3.02%
Ottawa Bancorp's dividend growth over the last five years (2018-2023) was 10.67% year

Ottawa Bancorp Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-09-04$0.11quarterly2024-09-18
2024-05-29$0.11quarterly
2024-03-05$0.11quarterly2024-03-20
2023-12-01$0.11quarterly2023-12-18
2023-09-05$0.11quarterly2023-09-20
2023-05-30$0.11quarterly2023-06-14
2023-02-28$0.11quarterly2023-03-15
2022-11-29$0.11quarterly2022-12-14
2022-08-30$0.11quarterly2022-09-14
2022-05-31$0.11quarterly2022-06-15
2022-03-01$0.11quarterly2022-03-16
2021-11-30$0.10quarterly2021-12-15
2021-08-31$0.10quarterly2021-09-15
2021-06-01$0.10quarterly2021-06-16
2021-03-02$0.35quarterly2021-03-17
2020-12-01$0.08quarterly2020-12-16
2020-09-01$0.08quarterly2020-09-16
2020-06-02$0.08quarterly2020-06-17
2020-03-03$0.35quarterly2020-03-18
2019-12-03$0.06quarterly2019-12-19
2019-09-03$0.06quarterly2019-09-18
2019-05-28$0.06quarterly2019-06-12
2019-03-29$0.35quarterly2019-04-12
2019-03-07$0.06quarterly2019-03-28
2018-11-27$0.05quarterly2018-12-12
2018-08-28$0.05quarterly2018-09-12
2018-05-29$0.05quarterly2018-06-13
2018-03-23$0.12quarterly2018-04-05
2017-11-28$0.04quarterly2017-12-13
2017-08-28$0.04quarterly2017-09-13
2017-05-26$0.04quarterly2017-06-14
2017-02-24$0.04quarterly2017-03-15
2011-06-16$0.04quarterly
2011-03-11$0.04quarterly
2010-11-30$0.04quarterly
2010-08-31$0.04quarterly
2010-06-01$0.04quarterly
2010-03-02$0.04quarterly
2009-11-25$0.04quarterly
2009-09-08$0.04quarterly
2009-06-02$0.04quarterly
2009-03-04$0.04quarterly
2008-12-03$0.04quarterly
2008-09-02$0.04quarterly
2008-06-05$0.04quarterly
2008-03-03$0.04quarterly

Ottawa Bancorp Dividend per year

Ottawa Bancorp Dividend growth

Ottawa Bancorp Dividend Yield

Ottawa Bancorp current trailing twelve-month (TTM) dividend yield is 3.02%. Interested in purchasing Ottawa Bancorp stock? Use our calculator to estimate your expected dividend yield:

Ottawa Bancorp Financial Ratios

P/E ratio48.01
PEG ratio-0.24
P/B ratio0.83
ROE1.75%
Payout ratio0.00%
Current ratio0.60
Quick ratio0.42
Cash Ratio0.53

Ottawa Bancorp Dividend FAQ

How much is the next Ottawa Bancorp dividend?
Ottawa Bancorp's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Ottawa Bancorp dividend. The next Ottawa Bancorp dividend will be released in February, May, September, or December.
When is Ottawa Bancorp dividend paid?
Ottawa Bancorp pays dividends on a quarterly basis. The specific dates may vary each year but are generally around February, May, September, and December. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Ottawa Bancorp pay?
The specific amount of Ottawa Bancorp dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Ottawa Bancorp's dividend history.
Does Ottawa Bancorp stock pay dividends?
Yes, Ottawa Bancorp does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Ottawa Bancorp's dividend history.
How much dividend does Ottawa Bancorp pay?
Ottawa Bancorp paid $0.33 in 2024, $0.44 in 2023, $0.44 in 2022, $0.65 in 2021, and $0.59 in 2020.
How often does Ottawa Bancorp pay dividends?
Ottawa Bancorp typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around February, May, September, and December.
What is Ottawa Bancorp's dividend yield?
The current dividend yield for Ottawa Bancorp is 3.02%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Ottawa Bancorp's exact dividend yield.
When does Ottawa Bancorp go ex dividend?
Ottawa Bancorp's ex-dividend date for the latest dividend was on 2024-09-04. Ottawa Bancorp typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Ottawa Bancorp dividend paid?
Ottawa Bancorp pays dividends on a quarterly basis, typically around February, May, September, or December, but the exact dates can vary each year.
Will Ottawa Bancorp increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Ottawa Bancorp will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Ottawa Bancorp dividend per share?
Ottawa Bancorp paid $0.33 per share in 2024 and $0.44 per share in 2023. The amount of dividend per share that Ottawa Bancorp pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Ottawa Bancorp a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Ottawa Bancorp a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Ottawa Bancorp a dividend stock?
Yes, Ottawa Bancorp is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Ottawa Bancorp a good dividend stock?
Whether Ottawa Bancorp is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Ottawa Bancorp has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Ottawa Bancorp as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does Ottawa Bancorp pay dividends monthly?
Ottawa Bancorp typically pays dividends on a quarterly basis.
Does Ottawa Bancorp pay dividends quarterly?
Ottawa Bancorp currently pays dividends on a quarterly basis.
Has Ottawa Bancorp ever paid a dividend?
Yes, Ottawa Bancorp has a history of paying dividends to its shareholders. Ottawa Bancorp is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Ottawa Bancorp dividend stocks?
To buy Ottawa Bancorp you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.

Place an order: Use the brokerage's trading platform to place an order to buy Ottawa Bancorp stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Ottawa Bancorp pay dividends 2024?
Ottawa Bancorp pays dividends on a quarterly basis. 2024 dividend payments are in 2024-09-18. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Ottawa Bancorp increase its dividend in 2024?
Decisions regarding Ottawa Bancorp dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Ottawa Bancorp dividend overview you can look into the above table of dividend history.
How Ottawa Bancorp dividend works?
The Ottawa Bancorp dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Ottawa Bancorp's dividend process works:

1. Determination of Dividend: Ottawa Bancorp's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.

2. Dividend Declaration: Once the board approves a dividend, Ottawa Bancorp publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.

3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.

4. Payment Date: On the designated payment date, Ottawa Bancorp distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.

5. Tax Implications: Dividends received from Ottawa Bancorp are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are Ottawa Bancorp dividends paid?
Ottawa Bancorp dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Ottawa Bancorp sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.

2. Payment Date: On the designated payment date, Ottawa Bancorp distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: Ottawa Bancorp declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does Ottawa Bancorp pay dividends?
Ottawa Bancorp typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Ottawa Bancorp pay dividends?
The general pattern is that Ottawa Bancorp pays dividends around February, May, September, and December. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Ottawa Bancorp dividend safe?
The safety of Ottawa Bancorp's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.

To assess the safety of Ottawa Bancorp's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.

It is recommended to review Ottawa Bancorp's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.