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Director Gerald E. Gorski of QNB Corp (NASDAQ:QNBC) recently purchased 285 shares of common stock. The shares were bought at a price of $33.69, for a total transaction value of $9,601. The purchase comes as QNB Corp, a $125 million market cap company, trades at an attractive P/E ratio of 10.8 and offers a substantial 4.5% dividend yield. The stock has delivered an impressive 50% return over the past year.
The transaction, which occurred on July 1, 2025, was for shares issued under the 2023 Non-Employee Director Compensation plan. InvestingPro analysis shows QNB Corp has maintained dividend payments for 29 consecutive years, demonstrating strong financial stability. Following the transaction, Gorski directly owns 572 shares of QNB Corp.
In other recent news, QNB Corp. held its Annual Meeting of Shareholders where several key proposals were voted upon. Shareholders approved the compensation of named executive officers with 1,821,422 votes in favor, 62,497 against, and 9,134 abstentions. Additionally, the ratification of Baker Tilly US, LLP as the company’s independent registered public accounting firm for 2025 received substantial support. The meeting also saw the approval of the QNB Corp. 2025 Equity Incentive Plan with a significant number of votes in favor. In another development, QNB Corp. declared a quarterly cash dividend of $0.38 per share, payable on June 27, 2025, to shareholders of record as of June 13, 2025. This dividend announcement is part of the company’s ongoing strategy to provide value to its shareholders. These recent developments highlight QNB Corp.’s commitment to maintaining shareholder confidence and financial stability.
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