Ottawa Savings Bancorp Inc (OTTW) Declares Quarterly Dividend of $0.06
Ottawa Savings Bancorp Inc (OTCBB:OTTW) announced a quarterly dividend on Wednesday, May 15th, NASDAQ reports. Stockholders of record on Wednesday, May 29th will be paid a dividend of 0.06 per share on Wednesday, June 12th. This represents a $0.24 annualized dividend and a dividend yield of ∞. The ex-dividend date is Tuesday, May 28th.
Ottawa Savings Bancorp has a 1 year low of $10.00 and a 1 year high of $13.98.
In related news, CEO Jon Kranov sold 2,300 shares of the stock in a transaction dated Tuesday, May 14th. The shares were sold at an average price of $13.70, for a total value of $31,510.00. Following the completion of the sale, the chief executive officer now owns 41,416 shares in the company, valued at $567,399.20. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director William Kuiper bought 2,000 shares of Ottawa Savings Bancorp stock in a transaction that occurred on Tuesday, May 14th. The stock was bought at an average price of $13.70 per share, with a total value of $27,400.00. Following the purchase, the director now owns 6,941 shares of the company’s stock, valued at approximately $95,091.70. The disclosure for this purchase can be found here.
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Ottawa Savings Bancorp, Inc is a savings and loan holding company. The Company serves as the holding company of Ottawa Savings Bank (The Bank). The Bank’s business is to attract deposits from the general public and use those funds to originate and purchase one- to four-family, multi-family and non-residential real estate, construction, commercial and consumer loans, which the Bank primarily holds for investment.
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