JASPER, Ala.--(BUSINESS WIRE)--Pinnacle Bancshares, Inc. (OTC PINK: PCLB) today announced that its Board of Directors has approved a quarterly cash dividend of $0.11 per share. The dividend is payable December 16, 2016 to stockholders of record on December 2, 2016. The quarterly amount is equivalent to an annualized rate of $0.44 per share.