Quaint Oak Bancorp, Inc. Declares Quarterly Dividend, Payable on February 3, 2014
January 10, 2014 at 02:29 am IST
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Quaint Oak Bancorp Inc. announced that its Board of Directors at their meeting on January 8, 2014, declared a quarterly cash dividend of $0.05 per share on the common stock of the company payable on February 3, 2014, to the shareholders of record at the close of business on January 20, 2014.
Quaint Oak Bancorp, Inc. is the holding company for Quaint Oak Bank. Quaint Oak Bank's primary business consists of attracting deposits from the general public through a variety of deposit programs and investing such deposits principally in commercial real estate loans, commercial business loans, one-to-four family residential non-owner occupied loans, multi-family residential loans, construction loans, one-to-four family residential owner occupied loans, and home equity loans. Quaint Oak Bank originates loans to businesses for working capital, purchase of a business, tenant improvements, receivables, purchase of inventory and various others. In addition, Quaint Oak Bank offers mortgage banking, multi-state specialty commercial real estate financing and equipment financing, real estate sales, title abstract and insurance services through its subsidiary companies. Quaint Oak Bank serves its customers through its offices as well as through correspondence, telephone and on-line banking.