SALEM, Ore. - Oregon Bancorp, Inc. (OTCBB: ORBN), the holding company for Willamette Valley Bank, has announced a quarterly dividend payment to its shareholders. The declared dividend of $0.26 per share is scheduled to be paid on April 15, 2024, to shareholders on record as of April 1, 2024.
The company, which operates as a community bank with four full-service branches in Salem, Keizer, Silverton, and Albany, Oregon, also oversees six Home Loan Centers across Oregon and Idaho. Oregon Bancorp has not provided further details regarding its financial performance or future projections in the press release.
The announcement is a routine disclosure for Oregon Bancorp, which regularly returns value to its shareholders through dividend payments. Dividends are a way for companies to distribute a portion of their earnings back to their shareholders and can be a sign of a company's financial health and stability.
It is important for investors and the public to note that the press release includes forward-looking statements that are based on current expectations and projections about future events. These statements are not guarantees of future performance and are subject to risks and uncertainties that could cause actual results to differ materially from those anticipated in the forward-looking statements.
As with any corporate announcement, investors are reminded to consider the inherent risks and uncertainties associated with forward-looking statements and to not place undue reliance on these projections.
The information provided in this article is based solely on the press release statement issued by Oregon Bancorp, Inc. and does not include any additional analysis or data from external sources.
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