Quaint Oak Bancorp, Inc. Declares Quarterly Cash Dividend

SOUTHAMPTON, Pa., Oct. 12, 2016 -- Quaint Oak Bancorp, Inc. (OTCQX:QNTO) (the "Company"), the holding company for Quaint Oak Bank, announced today that its Board of Directors at their meeting on October 12, 2016, declared a quarterly cash dividend of $0.04 per share on the common stock of the Company payable on November 7, 2016, to the shareholders of record at the close of business on October 24, 2016.

Quaint Oak Bancorp, Inc. is the holding company for Quaint Oak Bank. Founded in 1926 and celebrating its 90^th Anniversary, Quaint Oak Bank is a Pennsylvania-chartered stock savings bank headquartered in Southampton, Pennsylvania and conducts business through its two regional offices located in the Delaware Valley and Lehigh Valley markets in Pennsylvania.

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Contact:
Quaint Oak Bancorp, Inc.
Robert T. Strong, President and Chief Executive Officer
(215) 364-4059