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

Rhea-AI Summary

Absecon Bancorp (OTC: ASCN) declared a regular quarterly cash dividend of $1.05 per share, payable on June 30, 2026 to shareholders of record on June 16, 2026.

The company is a New Jersey community bank holding company whose subsidiary’s deposits are FDIC insured.

Positive

• Quarterly cash dividend of $1.05 per share declared
• Dividend payable on June 30, 2026 to shareholders of record June 16, 2026

Negative

• None.

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ABSECON, N.J., June 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 June 30, 2026 to shareholders of record as of June 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 (OTC: ASCN) declare for the second quarter of 2026?

Absecon Bancorp declared a regular quarterly cash dividend of $1.05 per share. According to the company, the dividend reflects its ongoing practice of paying quarterly cash distributions to shareholders in connection with its community banking operations.

When is the Absecon Bancorp (ASCN) Q2 2026 dividend record date and payment date?

The Q2 2026 dividend is payable on June 30, 2026 to shareholders of record as of June 16, 2026. According to the company, investors must own ASCN shares before the record date to receive this quarterly cash payment.

How often does Absecon Bancorp (ASCN) pay its cash dividend?

Absecon Bancorp described the $1.05 payout as a regular quarterly cash dividend. According to the company, this language indicates dividends are scheduled on a quarterly basis, aligning with common practices among community banks returning cash to shareholders.

Who processes Absecon Bancorp (ASCN) dividend payments for shareholders?

Dividend distributions for Absecon Bancorp are processed by Computershare Trust Company, N.A.. According to the company, this agent handles the administrative aspects of dividend payments, helping ensure shareholders receive their quarterly cash distributions efficiently and accurately.

Is First National Bank of Absecon, the subsidiary of Absecon Bancorp (ASCN), FDIC insured?

Yes, deposits at First National Bank of Absecon are insured by the FDIC up to the legal maximum. According to the company, this federal insurance protects depositors of the bank that underpins Absecon Bancorp’s community banking franchise.