{"id":515862,"date":"2021-07-21T15:33:08","date_gmt":"2021-07-21T19:33:08","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/cortland-bancorp-declares-quarterly-cash-dividend-of-0-15-per-share\/"},"modified":"2021-07-21T15:33:08","modified_gmt":"2021-07-21T19:33:08","slug":"cortland-bancorp-declares-quarterly-cash-dividend-of-0-15-per-share","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/cortland-bancorp-declares-quarterly-cash-dividend-of-0-15-per-share\/","title":{"rendered":"Cortland Bancorp Declares Quarterly Cash Dividend of $0.15 Per Share"},"content":{"rendered":"
\n

CORTLAND, Ohio, July 21, 2021 (GLOBE NEWSWIRE) — Cortland Bancorp (NASDAQ: CLDB), <\/strong>the holding company for Cortland Savings and Banking Company, today announced that its Board of Directors approved a quarterly cash dividend of $0.15 per share. The dividend will be payable on September 1, 2021, to shareholders of record as of the close of business on August 9, 2021.<\/p>\n

\u201cIn response to our continued solid earnings performance, we are pleased to be able to continue the quarterly cash dividend,\u201d said James Gasior, President and Chief Executive Officer. \u201cCash dividends, along with our share price appreciation, provide an attractive return to our shareholders.\u201d At the recent stock price of $26.80 per share, the current dividend equates to a yield of 2.2% on an annualized basis.<\/p>\n

\n About Cortland Bancorp<\/strong>
\n
Cortland Bancorp is a financial holding company headquartered in Cortland, Ohio. Founded in 1892, the Company\u2019s bank subsidiary, The Cortland Savings and Banking Company conducts business through fourteen full-service community banking offices located in the counties of Trumbull, Mahoning, Portage, Summit, and Cuyahoga in the Northeast Ohio area and a financial service center in Fairlawn, Ohio. For additional information about Cortland Bank visit http:\/\/www.cortlandbank.com<\/a>.<\/p>\n

\n
\n Source: Cortland Bancorp<\/u>
\n <\/strong>\n <\/p>\n

\n CONTACT:
<\/strong>James M. Gasior, President & CEO
(330) 282-4111<\/p>\n


\n
\n \n <\/div>\n

<\/div>\n","protected":false},"excerpt":{"rendered":"

CORTLAND, Ohio, July 21, 2021 (GLOBE NEWSWIRE) — Cortland Bancorp (NASDAQ: CLDB), the holding company for Cortland Savings and Banking Company, today announced that its Board of Directors approved a quarterly cash dividend of $0.15 per share. The dividend will be payable on September 1, 2021, to shareholders of record as of the close of business on August 9, 2021. \u201cIn response to our continued solid earnings performance, we are pleased to be able to continue the quarterly cash dividend,\u201d said James Gasior, President and Chief Executive Officer. \u201cCash dividends, along with our share price appreciation, provide an attractive return to our shareholders.\u201d At the recent stock price of $26.80 per share, the current dividend equates to a yield of … <\/p>\n

Continue reading “Cortland Bancorp Declares Quarterly Cash Dividend of $0.15 Per Share”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-515862","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nCortland Bancorp Declares Quarterly Cash Dividend of $0.15 Per Share - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/cortland-bancorp-declares-quarterly-cash-dividend-of-0-15-per-share\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Cortland Bancorp Declares Quarterly Cash Dividend of $0.15 Per Share - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"CORTLAND, Ohio, July 21, 2021 (GLOBE NEWSWIRE) — Cortland Bancorp (NASDAQ: CLDB), the holding company for Cortland Savings and Banking Company, today announced that its Board of Directors approved a quarterly cash dividend of $0.15 per share. 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