- Cornerstone Bancorp (OTCPK:CNBP) declares $2.50/share special dividend.
- Payable Feb. 5; for shareholders of record Jan. 31; ex-div Jan. 31.
- The company also said that its Board of Directors has authorized a share repurchase program up to 30,000 shares during 2025.
- “The special dividend was declared after considering the Bank’s capital requirements and the current banking environment. The dividend represents a 25% payout of unaudited 2024 earnings,” stated Gerald F. Fitzgerald, Jr., Chairman of Cornerstone Bancorp.
- See CNBP Dividend Scorecard, Yield Chart, & Dividend Growth.