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Pioneer Bankshares reports Q1 dividend.

BANKING AND CREDIT NEWS-March 17, 2015-Pioneer Bankshares reports Q1 dividend


Pioneer Bankshares, Inc. (OTC Bulletin Board: PNBI) said its board of directors has declared a first quarter dividend of USD0.18 per share.

The dividend payment is to be made to shareholders of record as of March 23, 2015 and is payable on March 31, 2015. This dividend represents an increase over the previous quarter of 5.88 percent. The dividend payout also represents an annualized return on investment of 3.24 percent based on the current market value.

Pioneer Bankshares, Inc. is a one-bank holding company located in Virginia.

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Publication:M2 Banking & Credit News (BCN)
Date:Mar 17, 2015
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