North Dallas Bank Sets October Dividend Payment

North Dallas Bank & Trust Co. (OTCID: NODB) declared a regular dividend of $0.10 per share on September 15, 2026. The Board of Directors approved the distribution, setting the record date for October 16, 2026, and the payment date for October 23, 2026. This action reflects the bank's current financial condition and its commitment to returning capital to shareholders.

The declaration was issued by the bank’s leadership, with Glenn Henry, Chief Financial Officer, identified as the primary contact for further details. The bank emphasized that while the dividend is based on present financial health, it does not constitute a guarantee of future payments. Shareholders should note that the regularity of this distribution is contingent on the institution's ongoing performance and capital allocation decisions.

Operational Footprint and Services

Founded in 1961, North Dallas Bank operates as an independent community bank with six physical locations across the Dallas-Fort Worth metroplex. Its branches are situated in Dallas, Addison, Frisco, Las Colinas, and Plano, with the headquarters located at 12900 Preston Road in Dallas. The institution focuses on providing customized personal and business banking solutions, wealth management services, and digital banking tools to its client base.

As a member of the FDIC and an Equal Housing Lender, the bank maintains a regional presence dedicated to local economic development. The dividend declaration aligns with its broader strategy of supporting community growth through stable financial services. Investors and clients can access further information regarding the bank's operations and dividend policies through its official channels or by contacting media representative Brian C. Jensen.

Dividend Mechanics and Timing

The $0.10 per share distribution will be paid to shareholders of record as of October 16, 2026. The actual transfer of funds is scheduled for October 23, 2026. This timeline provides a clear window for investors to adjust their holdings if they wish to capture the payout, adhering to standard market settlement procedures for equity dividends.

The bank noted that the dividend is a reflection of its current financial condition rather than a fixed obligation. Future distributions will depend on the bank's capital position, regulatory requirements, and strategic priorities. This approach allows management flexibility in balancing shareholder returns with the need to maintain a strong capital base for lending and operational resilience.