Pinnacle Bancshares, Inc. operates as the bank holding company for Pinnacle Bank that provides various banking products and services. The company provides checking accounts, savings accounts, and demand and time deposits. It also offers personal lending for automobile, boat, jet ski, motor home, travel trailers, manufactured home, tractor, ATV, personal line of credit, and others; mortgage products, such as residential purchase and refinance, investment property, consumer construction, consumer 2nd mortgage, veterans administration loans, federal housing administration loans, land loans, home equity line of credit, and home improvement/renovation; commercial lending products, including purchase, construction, and refinance of residential rental property and commercial real estate, as well as residential rental property improvements, land acquisition, investment, and development; commercial construction; and SBA lending. In addition, the company provides digital banking, card, cash management, and merchant services. It operates seven offices in the central and northwest Alabama. Pinnacle Bancshares, Inc. was incorporated in 1996 and is based in Jasper, Alabama.
Pinnacle Bancshares Dividend Announcement
• Pinnacle Bancshares announced a quarterly dividend of $0.27 per ordinary share which will be made payable on 2024-09-20. Ex dividend date: 2024-09-09
• Pinnacle Bancshares annual dividend for 2024 was $0.81
• Pinnacle Bancshares annual dividend for 2023 was $1.08
• Pinnacle Bancshares's trailing twelve-month (TTM) dividend yield is 4.73%
• Pinnacle Bancshares's payout ratio for the trailing twelve months (TTM) is 24.50%
• Pinnacle Bancshares's dividend growth over the last five years (2018-2023) was 19.67% year
• Pinnacle Bancshares's dividend growth over the last ten years (2013-2023) was 12.59% year
Pinnacle Bancshares Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-09 | $0.27 | quarterly | 2024-09-20 |
2024-06-04 | $0.27 | quarterly | 2024-06-14 |
2024-03-08 | $0.27 | quarterly | 2024-03-22 |
2023-12-11 | $0.27 | quarterly | 2023-12-22 |
2023-09-01 | $0.27 | quarterly | 2023-09-15 |
2023-06-05 | $0.27 | quarterly | 2023-06-16 |
2023-03-03 | $0.27 | quarterly | 2023-03-17 |
2022-12-09 | $0.25 | quarterly | 2022-12-22 |
2022-09-02 | $0.25 | quarterly | 2022-09-16 |
2022-06-06 | $0.25 | quarterly | 2022-06-17 |
2022-03-04 | $0.25 | quarterly | 2022-03-18 |
2021-12-03 | $0.22 | quarterly | 2021-12-17 |
2021-09-03 | $0.22 | quarterly | 2021-09-17 |
2021-06-07 | $0.22 | quarterly | 2021-06-18 |
2021-03-05 | $0.22 | quarterly | 2021-03-19 |
2020-12-04 | $0.19 | quarterly | 2020-12-18 |
2020-09-04 | $0.19 | quarterly | 2020-09-18 |
2020-06-05 | $0.19 | quarterly | 2020-06-19 |
2020-03-06 | $0.19 | quarterly | 2020-03-20 |
2019-12-06 | $0.19 | quarterly | 2019-12-20 |
2019-09-06 | $0.19 | quarterly | 2019-09-20 |
2019-05-31 | $0.19 | quarterly | 2019-06-14 |
2019-03-08 | $0.19 | quarterly | 2019-03-22 |
2018-12-07 | $0.11 | quarterly | 2018-12-21 |
2018-08-31 | $0.11 | quarterly | 2018-09-14 |
2018-06-01 | $0.11 | quarterly | 2018-06-15 |
2018-03-09 | $0.11 | quarterly | 2018-03-23 |
2017-11-30 | $0.11 | quarterly | 2017-12-15 |
2017-08-31 | $0.11 | quarterly | 2017-09-15 |
2017-06-01 | $0.11 | quarterly | 2017-06-16 |
2017-03-02 | $0.11 | quarterly | 2017-03-17 |
2016-11-30 | $0.11 | quarterly | 2016-12-16 |
2016-09-01 | $0.11 | quarterly | 2016-09-16 |
2016-06-02 | $0.11 | quarterly | 2016-06-17 |
2016-03-03 | $0.11 | quarterly | 2016-03-18 |
2015-12-02 | $0.11 | quarterly | 2015-12-16 |
2015-09-03 | $0.11 | quarterly | 2015-09-18 |
2015-06-04 | $0.11 | quarterly | 2015-06-19 |
2015-03-09 | $0.11 | quarterly | 2015-03-23 |
2014-12-04 | $0.11 | quarterly | 2014-12-19 |
2014-09-04 | $0.11 | quarterly | 2014-09-19 |
2014-06-05 | $0.11 | quarterly | 2014-06-20 |
2014-03-06 | $0.11 | quarterly | 2014-03-21 |
2013-12-04 | $0.11 | quarterly | 2013-12-17 |
2013-09-06 | $0.11 | quarterly | 2013-09-20 |
2013-05-30 | $0.11 | quarterly | 2013-06-14 |
Pinnacle Bancshares Dividend per year
Pinnacle Bancshares Dividend growth
Pinnacle Bancshares Dividend Yield
Pinnacle Bancshares current trailing twelve-month (TTM) dividend yield is 4.73%. Interested in purchasing Pinnacle Bancshares stock? Use our calculator to estimate your expected dividend yield:
Pinnacle Bancshares Financial Ratios
Pinnacle Bancshares Dividend FAQ
Other factors to consider when evaluating Pinnacle Bancshares 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: Pinnacle Bancshares'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, Pinnacle Bancshares 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, Pinnacle Bancshares 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 Pinnacle Bancshares 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: Pinnacle Bancshares 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, Pinnacle Bancshares distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Pinnacle Bancshares 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 Pinnacle Bancshares'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 Pinnacle Bancshares'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.