ACCESS Newswire
28 May 2020, 21:49 GMT+10
BELOIT, WI / ACCESSWIRE / May 28, 2020 / Blackhawk Bancorp, Inc. (OTCQX:BHWB) reports that its Board of Directors has declared a cash dividend on the Company's common stock. Shareholders of record as of June 5, 2020, will be paid a dividend of $0.11 per share on June 19, 2020. This amounts to $0.44 per share on an annual basis and is the twenty-fourth consecutive quarterly dividend declared by the company.
About Blackhawk Bancorp
Blackhawk Bancorp, Inc. is headquartered in Beloit, Wisconsin and is the parent company of Blackhawk Bank. The combined entity operates eleven full-service banking centers and a dedicated commercial office, which are located in Rock County, Wisconsin and the Illinois counties of Winnebago, Boone, McHenry, Lake, and Kane. The Company's footprint stretches along the I-90 corridor from Janesville, Wisconsin to Elgin, Illinois and into the Northwest collar counties of the Chicagoland area. The company offers a variety of value-added consultative services to its business customers and their employees related to the financial products it provides.
Forward-Looking Statements
When used in this communication, the words 'believes,' 'expects,' 'likely', 'would', and similar expressions are intended to identify forward-looking statements. The company's actual results may differ materially from those described in the forward-looking statements. Factors which could cause such a variance to occur include, but are not limited to: heightened competition; adverse state and federal regulation; failure to obtain new or retain existing customers; ability to attract and retain key executives and personnel; changes in interest rates; unanticipated changes in industry trends; unanticipated changes in credit quality and risk factors, including general economic conditions particularly in the Company's markets; potential deterioration in real estate values, success in gaining regulatory approvals when required; changes in the Federal Reserve Board monetary policies; unexpected outcomes of new and existing litigation in which Blackhawk or its subsidiaries, officers, directors or employees is named defendants; technological changes; changes in accounting principles generally accepted in the United States; changes in assumptions or conditions affecting the application of 'critical accounting policies' inability to recover previously recorded losses as anticipated, and the inability of third party vendors to perform critical services for the company or its customers. The inclusion of this forward-looking information should not be construed as a representation by the Company or any person that future events or plans contemplated by the Company will be achieved. The Company undertakes no obligation to publicly update or revise any forward-looking statements whether as a result of new information or otherwise.
Further information is available on the Company's website and as below:
Blackhawk Bancorp, Inc.:
www.blackhawkbank.com
Phone: (608) 364-8911
Todd J. James, President & CEO
[email protected]
Matthew McDonnell, SVP & CFO
[email protected]
SOURCE: Blackhawk Bancorp, Inc.
Get a daily dose of Atlanta Leader news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Atlanta Leader.
More InformationWASHINGTON, D.C.: This week, U.S. Supreme Court justices seemed open to letting fuel companies challenge California's strict vehicle...
WASHINGTON, D.C.: The Trump administration announced this week that it will create a fast-track approval process for energy and mining...
JERUSALEM - More than 80 ambassadors and heads of mission from across the world were addressed by Israeli Prime Minister Benjamin Netanyahu...
WASHINGTON, D.C.: U.S. lawmakers are turning up the heat on China's biggest telecom firms, issuing subpoenas to compel their cooperation...
BRUSSELS, Belgium: European pharmaceutical companies are pushing for higher drug prices across the EU, warning that current pricing...
WASHINGTON, D.C.: A nuclear power plant in Michigan is hoping to become the first in the U.S. to restart after being permanently shut...
WASHINGTON, D.C.: The United States and India are advancing talks on a wide-ranging trade agreement that would cover 19 key areas,...
TOKYO, Japan: Toyota's overseas sales surged to a new March record, driven largely by a rush of North American buyers ahead of newly...
NEW YORK, New York - Uncertainty about trade negotiations between the United States and China kept investors and traders on edge Monday...
WASHINGTON, D.C.: Sales of new single-family homes in the U.S. rose more than expected in March as buyers rushed to take advantage...
SHANGHAI, China: BMW is set to incorporate artificial intelligence from Chinese startup DeepSeek into its upcoming vehicle models in...
Hong Kong: Cathay Pacific Airways is preparing for a slowdown in air cargo traffic between China and the United States as new trade...