JD Bancshares, Inc. Declares Cash Dividend

Rhea-AI Summary

JD Bancshares, Inc. (OTCQX:JDVB) has declared a cash dividend of $0.29 per share, payable on August 9, 2024, to shareholders of record on August 2, 2024. The decision was made during the Board of Directors' meeting on July 23, 2024. Future dividends will be determined quarterly based on earnings, financial condition, capital requirements, and other factors.

JD Bancshares is the holding company of JD Bank, a state-chartered bank headquartered in Jennings, Louisiana. The bank has been serving south Louisiana since 1947, offering personal and commercial banking products through physical and digital channels. JD Bank operates 22 full-service branches and two Loan Production/Deposit Production offices along the Interstate 10/12 corridor from Lake Charles to Mandeville, Louisiana.

Positive

• Declared cash dividend of $0.29 per share
• Consistent dividend payment indicates financial stability
• Operates 22 full-service branches and 2 production offices
• Offers trust and investment services in addition to banking products
• Trades on OTCQX Best Market, indicating high financial standards

Negative

• None.

News Market Reaction

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On the day this news was published, JDVB declined NaN%, reflecting a moderate negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

JENNINGS, LA / ACCESSWIRE / July 24, 2024 / 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 July 23, 2024, the Board voted to pay a cash dividend in the amount of $0.29 per share on August 9, 2024 to the shareholders of record on August 2, 2024.

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 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 22 full-service branch offices and two Loan Production/Deposit Production offices located along the Interstate 10/12 corridor from Lake Charles to Mandeville, Louisiana. JD Bancshares, Inc. may be accessed on its website at jdbank.com.

JD Bancshares, Inc. (OTCQX:JDVB) trades on the OTCQX Best Market. Companies 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:

Bruce Elder (CEO) 337-246-5399
Paul Brummett (CFO) 337-246-5395

SOURCE: JD Bancshares, Inc.

View the original press release on accesswire.com

FAQ

What is the amount of JD Bancshares' (JDVB) latest dividend?

JD Bancshares (JDVB) has declared a cash dividend of $0.29 per share.

When will JD Bancshares (JDVB) pay its latest dividend?

JD Bancshares (JDVB) will pay the dividend on August 9, 2024, to shareholders of record on August 2, 2024.

How often does JD Bancshares (JDVB) determine its dividend payments?

JD Bancshares (JDVB) determines its dividend payments on a quarterly basis.

What factors influence JD Bancshares' (JDVB) dividend decisions?

JD Bancshares (JDVB) bases its dividend decisions on earnings, financial condition, capital requirements, and other factors.

How many branches does JD Bank, a subsidiary of JD Bancshares (JDVB), operate?

JD Bank operates 22 full-service branch offices and two Loan Production/Deposit Production offices.