Jefferson Security Bank Announces Semi-Annual Dividend

Rhea-AI Summary

JSB Financial Inc. (JFWV) announces a semi-annual dividend of $1.20 per share, payable on March 15, 2024, representing a $0.05 increase from the previous dividend.

SHEPHERDSTOWN, W. Va.--(BUSINESS WIRE)-- JSB Financial Inc. (OTC Pink: JFWV), the holding company of Jefferson Security Bank, announced that its the Board of Directors’ declared a semi-annual dividend at its February 21, 2024 meeting in the amount of $1.20 per share. The cash dividend is payable on March 15, 2024 to shareholders of record on March 4, 2024. This represents an increase of $0.05 per share from the previous semi-annual dividend of $1.15 per share paid in September 2023.

About JSB Financial Inc.

JSB Financial Inc. (OTCPK: JFWV) is the holding company for Jefferson Security Bank, an independent community bank operating six banking offices located in Berkeley County and Jefferson County, West Virginia and Washington County, Maryland. Founded in 1869, Jefferson Security Bank serves individuals, businesses, municipalities and community organizations through a comprehensive suite of banking services delivered by an exceptional team who put customers first. Jefferson Security Bank has received industry recognition as a Top 200 Community Bank by American Banker magazine four years in a row. Operating for over 154 years, Jefferson Security Bank is the oldest, independent, locally owned and managed bank in West Virginia. Visit www.JSB.bank for more information.

This press release may contain forward-looking statements, as defined by federal securities laws, which may involve significant risks and uncertainties. The statements are based on estimates and assumptions made by management in conjunction with other factors deemed appropriate under the circumstances. Actual results could differ materially from current projections.

Offices: 105 East Washington Street, Shepherdstown, WV (304-876-9000)
7994 Martinsburg Pike, Shepherdstown, WV (304-876-2800)
873 East Washington Street, Suite 100, Charles Town, WV (304-725-9752)
277 Mineral Drive, Suite 1, Inwood, WV (304-229-6000)
1861 Edwin Miller Boulevard, Martinsburg, WV (304-264-0900)
103 West Main Street, Sharpsburg, MD (301-432-3900)

View source version on businesswire.com: https://www.businesswire.com/news/home/20240228074836/en/

Jenna Kesecker

Executive Vice President and Chief Financial Officer

304-876-9016

Source: JSB Financial Inc.

FAQ

What is the ticker symbol of JSB Financial Inc. mentioned in the press release?

The ticker symbol of JSB Financial Inc. is JFWV.

When is the semi-annual dividend announced by JSB Financial Inc. payable?

The semi-annual dividend announced by JSB Financial Inc. is payable on March 15, 2024.

What is the amount of the semi-annual dividend declared by JSB Financial Inc.?

JSB Financial Inc. declared a semi-annual dividend of $1.20 per share.

When is the record date for the semi-annual dividend declared by JSB Financial Inc.?

The record date for the semi-annual dividend declared by JSB Financial Inc. is March 4, 2024.