Plumas Bancorp Declares Quarterly Dividend of $0.30 Per Share

Plumas Bancorp (NASDAQ: PLBC) announced in an 8-K filing on January 16, 2025, that its Board of Directors has declared a quarterly cash dividend of $0.30 per common share. The dividend is set to be payable on February 17, 2025, to shareholders of record at the close of the business day on February 3, 2025.

The California-based Plumas Bancorp, with its principal executive offices located at 5525 Kietzke Lane, Suite 100, Reno, Nevada, can be reached at 775-786-0907. The company, traded on the NASDAQ Capital Market under the symbol “PLBC,” operates in the financial services sector.

This declaration by the Board of Directors marks a positive step for Plumas Bancorp, indicating a commitment to returning value to its shareholders. The dividend payment will serve as a reward for investors holding shares of the company as of the specified record date.

Richard L. Belstock, the Chief Financial Officer of Plumas Bancorp, signed the report on behalf of the company on January 16, 2025. The firm’s adherence to maintaining shareholder value and rewarding investors with a dividend payment is indicative of its financial strength and stability in the market.

At the close of the report, Plumas Bancorp confirmed its compliance with the requirements of the Securities Exchange Act of 1934. The Board of Directors’ decision to issue a dividend reinforces the company’s dedication to its shareholder base and its financial objectives moving forward.

This article was generated by an automated content engine and was reviewed by a human editor prior to publication. For additional information, read Plumas Bancorp’s 8K filing here.

Plumas Bancorp Company Profile

Plumas Bancorp operates as the bank holding company for the Plumas Bank that provides various banking products and services for small and middle market businesses, and individuals in Northeastern California and Northwestern Nevada. The company accepts various deposits, such as checking, money market checking, business sweep, public funds sweep, savings, time deposit, and retirement accounts.