Patriot National Bancorp, Inc. operates as the holding company for Patriot Bank, N.A. that provides community banking services to individuals, small and medium-sized businesses, and professionals. The company accepts consumer and commercial deposit accounts, such as checking, interest-bearing negotiable order of withdrawal, money market, savings, prepaid deposit, on-line national money market, individual retirement accounts, and health savings accounts, as well as certificate of deposit account registry service. Its loan portfolio comprises commercial real estate, commercial business, small business administration, construction, purchased residential real estate, and various consumer loans. The company also offers automated clearing house transfers, lockbox, Internet banking, bill payment, remote deposit capture, debit card, money order, traveler's check, and automatic teller machine services. It operated through a network of eight branch offices located in Fairfield and New Haven Counties, Connecticut; and one branch offices located in Westchester County, New York. The company was founded in 1994 and is headquartered in Stamford, Connecticut.
Patriot National Bancorp Dividend Announcement
• Patriot National Bancorp announced a quarterly dividend of $0.01 per ordinary share which will be made payable on 2019-12-19. Ex dividend date: 2019-12-06
• Patriot National Bancorp's trailing twelve-month (TTM) dividend yield is -%
• Patriot National Bancorp's payout ratio for the trailing twelve months (TTM) is -4.54%
Patriot National Bancorp Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2019-12-06 | $0.01 | quarterly | 2019-12-19 |
2019-08-30 | $0.01 | quarterly | 2019-09-13 |
2019-06-03 | $0.01 | quarterly | 2019-06-11 |
2019-03-08 | $0.01 | quarterly | 2019-03-18 |
2018-11-23 | $0.01 | quarterly | 2018-12-04 |
2018-08-16 | $0.01 | quarterly | 2018-08-24 |
2018-05-16 | $0.01 | quarterly | 2018-05-22 |
2018-02-09 | $0.01 | quarterly | 2018-02-16 |
2017-11-08 | $0.01 | quarterly | 2017-11-10 |
2017-10-26 | $0.01 | quarterly | |
2017-07-20 | $0.01 | quarterly | 2017-08-01 |
2009-01-02 | $0.04 | quarterly | 2009-01-20 |
2008-10-03 | $0.04 | quarterly | 2008-10-21 |
2008-06-27 | $0.04 | quarterly | 2008-07-15 |
2008-04-01 | $0.04 | quarterly | 2008-04-17 |
2007-12-28 | $0.04 | quarterly | 2008-01-16 |
2007-09-28 | $0.04 | quarterly | 2007-10-16 |
2007-06-29 | $0.04 | quarterly | 2007-07-17 |
2007-03-30 | $0.04 | quarterly | 2007-04-17 |
2006-12-28 | $0.04 | quarterly | 2007-01-16 |
2006-10-18 | $0.04 | quarterly | 2006-10-27 |
2006-06-30 | $0.04 | quarterly | 2006-07-19 |
2006-03-31 | $0.04 | quarterly | 2006-04-18 |
2005-12-29 | $0.04 | quarterly | 2006-01-17 |
2005-09-30 | $0.04 | quarterly | 2005-10-18 |
2005-06-30 | $0.04 | quarterly | 2005-07-19 |
2005-04-01 | $0.04 | quarterly | 2005-04-19 |
2004-12-31 | $0.04 | quarterly | 2005-01-18 |
2004-10-01 | $0.04 | quarterly | 2004-10-19 |
2004-07-01 | $0.04 | quarterly | 2004-07-20 |
2004-04-02 | $0.03 | quarterly | 2004-04-20 |
2004-01-02 | $0.03 | quarterly | 2004-01-20 |
2003-09-30 | $0.03 | quarterly | 2003-10-16 |
2003-06-30 | $0.03 | quarterly | 2003-07-16 |
2003-03-31 | $0.03 | quarterly | 2003-04-16 |
2002-12-31 | $0.03 | quarterly | 2003-01-17 |
2002-09-30 | $0.03 | quarterly | 2002-10-16 |
2002-07-01 | $0.03 | quarterly | 2002-07-17 |
2002-04-01 | $0.02 | quarterly | 2002-04-17 |
2001-12-31 | $0.02 | quarterly | 2002-01-17 |
2001-10-01 | $0.02 | quarterly | 2001-10-17 |
2001-06-29 | $0.02 | quarterly | 2001-07-15 |
Patriot National Bancorp Dividend per year
Patriot National Bancorp Dividend growth
Patriot National Bancorp Dividend Yield
Patriot National Bancorp current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Patriot National Bancorp stock? Use our calculator to estimate your expected dividend yield:
Patriot National Bancorp Financial Ratios
Patriot National Bancorp Dividend FAQ
Other factors to consider when evaluating Patriot National 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.
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1. Determination of Dividend: Patriot National 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, Patriot National 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, Patriot National 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 Patriot National 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.
1. Record Date: Patriot National 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, Patriot National 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: Patriot National 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.
To assess the safety of Patriot National 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 Patriot National 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.