Absecon Bancorp Declares Fourth-Quarter Cash Dividend of $1.05 Per Share
Rhea-AI Summary
Absecon Bancorp (OTC: ASCN) announced a regular quarterly cash dividend of $1.05 per share, payable on December 30, 2025 to shareholders of record as of December 16, 2025. 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, New Jersey and nearby counties, with deposits insured up to the legal maximum by the FDIC.
Positive
- Dividend declared of $1.05 per share
- Payment timeline: record date Dec 16, 2025; payable Dec 30, 2025
Negative
- None.
Key Figures
Market Reality Check
Peers on Argus
Regional bank peers showed mixed moves, with TDCB up 4.14%, GOVB down 1.62%, and others flat. ASCN’s flat 0% move suggests this dividend news is stock-specific rather than part of a broad sector trend.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Jun 12 | Dividend declaration | Positive | +4.0% | Quarterly cash dividend of $0.90 per share was announced. |
Limited history, but the prior dividend declaration on 2025-06-12 coincided with a 3.96% positive move, indicating past favorable reactions to dividend news.
Over the past six months, Absecon Bancorp’s notable news has centered on dividend declarations. On Jun 12, 2025, the company announced a quarterly cash dividend of $0.90 per share, and the stock moved 3.96% higher over the next 24 hours. Today’s announcement of a fourth-quarter dividend of $1.05 per share continues this pattern of regular cash returns to shareholders from its community banking operations.
Market Pulse Summary
This announcement highlights a regular quarterly cash dividend of $1.05 per share, payable on December 30, 2025 to holders of record on December 16, 2025. It continues Absecon Bancorp’s pattern of returning capital after a prior $0.90 dividend earlier in 2025. With shares trading above the 200-day moving average, investors may watch future dividend levels and any updates on the underlying community banking franchise.
Key Terms
federal deposit insurance corporation (fdic) regulatory
AI-generated analysis. Not financial advice.
ABSECON, N.J., Dec. 05, 2025 (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
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 |