Ottawa Savings Bancorp Inc (OTTW) Declares Dividend Increase – $0.05 Per Share

Ottawa Savings Bancorp Inc (OTCBB:OTTW) declared a quarterly dividend on Thursday, March 15th, Wall Street Journal reports. Stockholders of record on Monday, March 26th will be given a dividend of 0.05 per share on Thursday, April 5th. This represents a $0.20 annualized dividend and a dividend yield of 1.48%. The ex-dividend date is Friday, March 23rd. This is a boost from Ottawa Savings Bancorp’s previous quarterly dividend of $0.04.

Shares of OTTW stock remained flat at $$13.50 during trading on Friday. Ottawa Savings Bancorp has a 12 month low of $10.00 and a 12 month high of $13.98.

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Ottawa Savings Bancorp Company Profile

Ottawa Savings Bancorp, Inc is a savings and loan holding company. The Company serves as the holding company of Ottawa Savings Bank (The Bank). The Bank’s business is to attract deposits from the general public and use those funds to originate and purchase one- to four-family, multi-family and non-residential real estate, construction, commercial and consumer loans, which the Bank primarily holds for investment.

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