Absecon Bancorp Declares First-Quarter Cash Dividend of $1.05 Per Share

Rhea-AI Summary

Absecon Bancorp (OTC: ASCN) declared a quarterly cash dividend of $1.05 per share, payable March 30, 2026 to shareholders of record on March 16, 2026. Dividend distributions will be processed by Computershare Trust Company, N.A.

The company is the bank holding company of First National Bank of Absecon, a community bank serving Atlantic County and nearby New Jersey counties.

Positive

• $1.05 per share regular quarterly cash dividend declared
• Payable on March 30, 2026 to record holders as of March 16, 2026
• Dividends processed by Computershare Trust Company, N.A.

Negative

• Declared cash dividend creates a near-term cash outflow on March 30, 2026

AI-generated analysis. How Rhea-AI works. Not financial advice.

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ABSECON, N.J., March 05, 2026 (GLOBE NEWSWIRE) -- Absecon Bancorp (the “Company”) (OTC, trading as ASCN), the bank holding company of First National Bank of Absecon, an Atlantic County New Jersey based community bank, announced today that its Board of Directors declared a regular quarterly cash dividend in the amount of $1.05 per share, payable on March 30, 2026 to shareholders of record as of March 16, 2026.

The First National Bank of Absecon, a nationally chartered bank headquartered in Absecon, New Jersey, has a long history of serving the community since its establishment in 1916. The company is a community bank focused on providing deposit and loan products to retail customers and to small and mid-sized businesses from its primary market area in Atlantic County, New Jersey, and secondary markets consisting of portions of Burlington, Cape May, Cumberland, Gloucester, and Ocean Counties. Deposits at The First National Bank of Absecon are insured up to the legal maximum amount by the Federal Deposit Insurance Corporation (FDIC).

Dividend distributions are processed by Computershare Trust Company, N.A. (“Agent”).

Contact:	C. Eric Gaupp, Vice Chairman, President, and Chief Executive Officer 106 New Jersey Avenue PO Box 324 Absecon, NJ 08201 Office: 609-641-6300 email: egaupp@FNBAbsecon.com

FAQ

What dividend did Absecon Bancorp (ASCN) declare for March 2026?

Absecon Bancorp declared a regular quarterly cash dividend of $1.05 per share. According to the company, the dividend is payable March 30, 2026 to shareholders of record on March 16, 2026.

When is the record date and payment date for ASCN's March 2026 dividend?

The record date is March 16, 2026 and the payment date is March 30, 2026. According to the company, Computershare Trust Company, N.A. will process the dividend distributions.

Who will process Absecon Bancorp (ASCN) dividend payments?

Dividend distributions will be processed by Computershare Trust Company, N.A.. According to the company, shareholders of record on March 16, 2026 will receive the March 30, 2026 payment.

How does Absecon Bancorp describe its business and market area (ASCN)?

Absecon Bancorp is the bank holding company for First National Bank of Absecon, a community bank serving Atlantic County and nearby New Jersey counties. According to the company, it offers deposit and loan products to retail and small-to-mid businesses.

Is Absecon Bancorp (ASCN) dividend insured by FDIC?

Deposits at First National Bank of Absecon are insured up to legal maximum by the FDIC. According to the company, this applies to customer deposits, not the dividend payment itself.