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Plumas Bancorp (NASDAQ:PLBC), a $299 million market cap regional bank with a 2.78% dividend yield, reported Wednesday that its Board of Directors has declared a quarterly cash dividend of $0.30 per common share. According to InvestingPro data, the company has maintained dividend payments for 10 consecutive years, with an impressive 11% dividend growth over the last twelve months. The dividend is scheduled to be paid on August 15, 2025, to shareholders of record as of the close of business on August 1, 2025.
The announcement was made in a press release statement included in a filing with the Securities and Exchange Commission.
Plumas Bancorp is incorporated in California and is headquartered in Reno, Nevada. The company’s common stock is listed on the NASDAQ Capital Market under the symbol PLBC.
In other recent news, Plumas Bancorp announced a regular quarterly cash dividend of $0.30 per share, payable on August 15, 2025, to shareholders of record as of August 1, 2025. This follows a previous dividend declaration for May 15, 2025, demonstrating the company’s ongoing commitment to providing shareholder returns. Cornerstone Community Bancorp shareholders have approved a merger with Plumas Bancorp, which is expected to finalize in early July 2025. The merger aims to create a combined entity with approximately $2.3 billion in total assets and 19 full-service branches across Northern California and Nevada. At Plumas Bancorp’s recent Annual Meeting of Shareholders, the election of nine directors was approved, along with a favorable advisory vote on executive compensation. Additionally, Elliott Davis, LLC was ratified as the independent auditor for the fiscal year ending December 31, 2025. These developments reflect Plumas Bancorp’s strategic moves and governance decisions, which are likely to impact its future operations and shareholder relations.
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