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NASB Financial, Inc Declares Cash Dividend on Common Stock

Home Depot, Inc (The) (NYSE:HD), J P Morgan Chase & Co (NYSE:JPM) - Key Markets To Watch As The Mortgage Boom Continues To Fade

Share: The last year has seen the most eye-popping spike in value in history.  While the Covid 19 pandemic initially shut down economies across the globe, the Work from Home movement caused a mass exodus away from metropolitan areas where many large companies are headquartered.  Homebuyers have been laying siege on the housing market to the point where houses in the most desirable locations are selling for more than 50% above the asking price in some cases. This current trend is all thanks to the Fed lowering interest rates last year in response to the pandemic to help bolster the economy.  Lowering the interest rate allows banks to charge less interest on consumer mortgages.  When mortgages are cheaper, it may entice would-be home buyers to jump on opportunities, but it also gives current homeowners the ability to re-finance (re-fi) and pocket the cash to use elsewhere.  While this was the intended response, the side effects of cheap access to money led to an immense spike

NASB Financial, Inc Declares Cash Dividend on Common Stock

Share this article Share this article KANSAS CITY, Mo., March 11, 2021 /PRNewswire/  NASB Financial, Inc. (OTCQX: NASB) announced today that its Board of Directors declared a quarterly cash dividend on common stock of $0.75 per share, which will be paid on March 31, 2021, to stockholders of record on March 22, 2021. NASB Financial, Inc. is a unitary thrift holding company for North American Savings Bank, F.S.B. ( NASB ).  Since 1927, NASB has been serving the financial needs of customers by providing an array of personal banking and lending products in the Kansas City metro area.  Nationwide, NASB offers competitive residential and commercial mortgages with the safety and security of a Federal institution.

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