JD Bancshares, Inc. Declares Cash Dividend

Rhea-AI Summary

JD Bancshares, Inc. (OTCQX:JDVB) has declared a cash dividend of $0.29 per share, as announced by Board Chairman Dan L. Donald, Jr. The dividend will be paid on February 7, 2025, to shareholders of record on January 31, 2025.

The company, which operates through its subsidiary JD Bank, determines dividend payments quarterly based on earnings, financial condition, capital requirements, and other factors. JD Bank, established in 1947, is a Louisiana state-chartered bank headquartered in Jennings, offering personal and commercial lending, deposit products, trust, and investment services. The bank operates 21 full-service branches and two loan and deposit production offices along the I-10 and I-12 corridors from Lake Charles to Mandeville, Louisiana.

Positive

• Declared cash dividend of $0.29 per share
• Maintains consistent quarterly dividend evaluation process
• Extensive network of 21 branches and 2 loan production offices

Negative

• None.

JENNINGS, LA / ACCESS Newswire / January 22, 2025 / JD Bancshares, Inc. (OTCQX:JDVB) Dan L. Donald, Jr., Chairman of the Board of Directors of JD Bancshares, Inc., announced that at its regularly scheduled meeting on January 21, 2025, the Board voted to pay a cash dividend in the amount of $0.29 per share on February 7, 2025 to the shareholders of record on January 31, 2025.

The amount and payment of future dividends for the JD Bancshares, Inc. common stock is determined on a quarterly basis, based on earnings, financial condition, capital requirements and other factors.

About JD Bancshares, Inc.

JD Bancshares, Inc. is the bank holding company of JD Bank, a Louisiana state-chartered bank headquartered in Jennings, Louisiana. JD Bank has been serving the citizens of south Louisiana since 1947 and offers a variety of personal and commercial lending and deposit products through both physical and digital delivery channels. The Bank also offers both trust and investment services. JD Bank operates through 21 full-service branch offices and two loan and deposit production offices located along the I-10 and I-12 corridors from Lake Charles to Mandeville, Louisiana. Additional information is available on its website at jdbank.com.

JD Bancshares, Inc. (OTCQX:JDVB) trades on the OTCQX Best Market. Companies on the OTCQX Best Market meet high financial standards, follow best practice corporate governance, demonstrate compliance with U.S. securities laws, and have a professional third-party sponsor introduction. Investors can find current financial disclosure and real-time level 2 quotes for the Company on otcmarkets.com.

Contact:

Paul Brummett, II (CEO) 337-246-5395

Jared Doucet (CFO) 337-246-5409

SOURCE: JD Bancshares, Inc.

View the original press release on ACCESS Newswire

FAQ

When will JDVB pay its recently announced dividend?

JD Bancshares (JDVB) will pay the dividend of $0.29 per share on February 7, 2025.

What is the record date for JDVB's Q1 2025 dividend?

The record date for JDVB's dividend is January 31, 2025.

How many branch locations does JD Bank currently operate?

JD Bank operates 21 full-service branch offices and 2 loan and deposit production offices from Lake Charles to Mandeville, Louisiana.

How does JDVB determine its dividend payments?

JDVB determines dividend payments quarterly based on earnings, financial condition, capital requirements, and other factors.

What services does JD Bank offer to customers?

JD Bank offers personal and commercial lending, deposit products, trust services, and investment services through both physical and digital delivery channels.