Business Context and Reporting Period
This Form 8-K Current Report was filed by Plumas Bancorp on October 17, 2018. The filing reports a corporate action taken by the Board of Directors regarding shareholder distributions.
Key Financial Metrics
The filing does not provide comprehensive financial statements, revenue, profit, cash flow, margins, debt, or liquidity metrics. The only specific financial figure disclosed is the dividend declaration.
- Dividend Declared: $0.18 per common share (semi-annual).
- Record Date: November 1, 2018.
- Payment Date: November 15, 2018.
Material Changes
The filing does not disclose material changes to financial performance, operations, or capital structure compared to prior periods, other than the declaration of the semi-annual dividend.
Guidance, Outlook, and Risks
The filing contains no management commentary, forward-looking guidance, risk factors, contingencies, or unusual items. It is strictly a notification of the dividend event under Item 8.01 (Other Events).
Investor Verification Checklist
- Verify the total number of outstanding shares to calculate the aggregate dividend payout.
- Confirm the record date (November 1, 2018) to determine eligibility for the payment.
- Review the company's most recent 10-Q or 10-K for liquidity analysis to assess the impact of the cash dividend on working capital.