CNB Community Bancorp raises quarterly dividend to $0.31 per share

Published 18/06/2025, 19:58
CNB Community Bancorp raises quarterly dividend to $0.31 per share

HILLSDALE, Mich. - CNB Community Bancorp, Inc. (OTCQX:CNBB) announced Wednesday that its Board of Directors has declared a quarterly cash dividend of $0.31 per share on the company’s common stock. The dividend represents a 3.98% yield based on the current share price, reflecting the company’s consistent dividend growth track record of 8 consecutive years, according to InvestingPro data.

The dividend represents a $0.02 increase from the $0.29 per share paid during the second quarter of 2024. The payment will be made on July 11, 2025, to shareholders of record as of June 30, 2025.

CNB Community Bancorp is a one-bank holding company based in Hillsdale, Michigan. Its subsidiary, County National Bank, is a nationally chartered community bank that has operated in Southern Michigan since 1934.

The bank provides financial products and services through 13 full-service offices and maintains 19 ATMs throughout its service area. County National Bank also offers investment management and trust services to its customers.

This information is based on a press release statement issued by the company.

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