Summit Bancshares, Inc. (OTC:SMAL) surprises investors with a special dividend in 2025, making it one of the 14 stocks that paid special dividends this year. The company operates through its subsidiary Summit Bank, offering a range of commercial lending and banking services in California, including various types of loans and letters of credit.

During a meeting on April 16, 2025, the Board of Directors of Summit Bancshares, Inc. (OTC:SMAL) announced a special cash dividend of $0.43 per share to celebrate the bank’s 43rd anniversary. This special payout replaces the company’s regular quarterly dividend. Summit Bancshares has a history of returning value to shareholders through special dividends since 2016.

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Read more at Yahoo Finance: Summit Bancshares (SMAL) Surprises Investors with a Special Dividend in 2025