Quaint Oak Bancorp Inc (QNTO) Announces $0.05 Quarterly Dividend

Quaint Oak Bancorp Inc (OTCMKTS:QNTO) announced a quarterly dividend on Wednesday, January 10th, Zacks reports. Investors of record on Monday, January 22nd will be given a dividend of 0.05 per share by the financial services provider on Monday, February 5th. This represents a $0.20 annualized dividend and a yield of 1.49%. The ex-dividend date of this dividend is Friday, January 19th.

Shares of Quaint Oak Bancorp (OTCMKTS QNTO) opened at $13.40 on Friday. Quaint Oak Bancorp has a 1-year low of $12.00 and a 1-year high of $14.00. The company has a debt-to-equity ratio of 1.24, a current ratio of 1.17 and a quick ratio of 1.14. The firm has a market cap of $24.92, a P/E ratio of 15.23 and a beta of 0.30.

Quaint Oak Bancorp (OTCMKTS:QNTO) last posted its earnings results on Wednesday, October 25th. The financial services provider reported $0.30 earnings per share for the quarter. Quaint Oak Bancorp had a net margin of 13.05% and a return on equity of 8.14%. The firm had revenue of $2.98 million during the quarter.

In related news, Director Kenneth R. Gant sold 2,500 shares of Quaint Oak Bancorp stock in a transaction that occurred on Wednesday, November 22nd. The shares were sold at an average price of $13.15, for a total value of $32,875.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 33.10% of the stock is currently owned by company insiders.

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About Quaint Oak Bancorp

Quaint Oak Bancorp, Inc is a holding company for Quaint Oak Bank. Quaint Oak Bank’s primary business consists of attracting deposits from the general public through a range of deposit programs and investing such deposits in residential, commercial real estate, multi-family, construction loans, home equity loans and commercial lines of credit secured by property in its market area.

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