SOUTHAMPTON, PA — Quaint Oak Bancorp, Inc. (OTCQB: QNTO), the parent company of Quaint Oak Bank, announced this week that its Board of Directors has declared a quarterly cash dividend of $0.04 per share on its common stock. The dividend will be paid on August 4, 2025, to shareholders of record as of July 21, 2025.
The decision marks a strategic adjustment, with the company opting to reduce the dividend compared to prior quarters. According to Robert T. Strong, Chief Executive Officer of Quaint Oak Bancorp, this move reflects a proactive approach to bolster the bank’s capital levels and liquidity while supporting ongoing investments in growth and operational resilience.
“After careful consideration, the Board decided to reduce the quarterly cash dividend as part of our continued efforts to enhance capital levels, strengthen liquidity, and allow for continued reinvestment in strategic initiatives to position the Company for long-term success,” Strong said. “The Board remains focused on long-term profitability with a strong commitment to shareholder value.”
The shift comes as banks nationwide navigate evolving market conditions and prioritize strategies to sustain growth and stability. Quaint Oak’s emphasis on reinvesting in its operations highlights a forward-looking approach, balancing immediate shareholder returns with the broader goal of building financial strength and competitive positioning for the future.
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