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Absecon Bancorp Declares First-Quarter Cash Dividend of $0.75 Per Share

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Absecon Bancorp (ASCN) declares a regular quarterly cash dividend of $0.75 per share, showcasing financial stability and commitment to shareholders.
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ABSECON, N.J., March 13, 2024 (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 $0.75 per share, payable on March 28, 2024 to shareholders of record as of March 14, 2024.

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 is the ticker symbol for Absecon Bancorp?

The ticker symbol for Absecon Bancorp is ASCN.

When is the quarterly cash dividend payable?

The regular quarterly cash dividend of $0.75 per share is payable on March 28, 2024.

What is the history of First National Bank of Absecon?

First National Bank of Absecon was established in 1916 and has a long history of serving the community.

Where is the headquarters of First National Bank of Absecon?

The headquarters of First National Bank of Absecon is in Absecon, New Jersey.

How are deposits at The First National Bank of Absecon insured?

Deposits at The First National Bank of Absecon are insured up to the legal maximum amount by the FDIC.

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