Cornerstone Bancorp Declares Dividend and Announces Share Repurchase Program
The Bancorp(TBBK) Prnewswire·2025-01-14 06:50
PALATINE, Ill., Jan. 13, 2025 /PRNewswire/ -- Cornerstone Bancorp, Inc. (OTC Pink: CNBP), the bank holding company for Cornerstone National Bank & Trust Company (collectively "Cornerstone"), is announcing that its Board of Directors declared a special dividend of $2.50 per share to shareholders of record as of January 31, 2025, payable February 5, 2025."The special dividend was declared after considering the Bank's capital requirements and the current banking environment. The dividend represents a 25% payou ...