Business Context and Reporting Period
Plumas Bancorp filed a Form 8-K Current Report on October 20, 2016. The filing addresses a corporate governance event regarding shareholder distributions rather than a standard financial reporting period.
Key Financial Metrics
The filing does not provide data on revenue, profit, cash flow, margins, debt, or liquidity. The only financial metric disclosed is the dividend amount of $0.10 per common share.
Material Changes
The Board of Directors approved the reinstatement of a semi-annual cash dividend. This represents a change from the prior status where the dividend was not being paid.
Guidance, Outlook, and Management Commentary
- Dividend Details: A semi-annual cash dividend of $0.10 per common share was declared.
- Payment Date: November 21, 2016.
- Record Date: November 7, 2016.
- Management Commentary: The filing contains no forward-looking guidance, risk factors, or discussion of contingencies beyond the dividend announcement.
Investor Verification Checklist
- Verify the record date of November 7, 2016, to ensure eligibility for the dividend.
- Confirm the payment date of November 21, 2016.
- Review the company's most recent 10-Q or 10-K to understand the financial position supporting the dividend reinstatement, as this 8-K does not contain financial statements.