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Absecon Bancorp Declares Fourth-Quarter Cash Dividend of $0.90 Per Share

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Absecon Bancorp (ASCN) has declared a regular quarterly cash dividend of $0.90 per share, payable on December 30, 2024, to shareholders of record as of December 17, 2024. The company operates through First National Bank of Absecon, a community bank established in 1916 and headquartered in Absecon, New Jersey.

The bank focuses on providing deposit and loan products to retail customers and small to mid-sized businesses primarily in Atlantic County, New Jersey, with secondary markets in Burlington, Cape May, Cumberland, Gloucester, and Ocean Counties. All deposits are FDIC-insured up to the legal maximum amount.

Absecon Bancorp (ASCN) ha dichiarato un dividendo in contante regolare trimestrale di $0,90 per azione, che sarà pagato il 30 dicembre 2024, agli azionisti registrati al 17 dicembre 2024. L'azienda opera attraverso la First National Bank di Absecon, una banca comunitaria fondata nel 1916 e con sede ad Absecon, New Jersey.

La banca si concentra sulla fornitura di prodotti di deposito e prestito a clienti al dettaglio e piccole e medie imprese principalmente nella contea di Atlantic, New Jersey, con mercati secondari nelle contee di Burlington, Cape May, Cumberland, Gloucester e Ocean. Tutti i depositi sono assicurati dalla FDIC fino all'importo massimo legale.

Absecon Bancorp (ASCN) ha declarado un dividendo en efectivo trimestral de $0.90 por acción, que se pagará el 30 de diciembre de 2024, a los accionistas registrados hasta el 17 de diciembre de 2024. La empresa opera a través del First National Bank de Absecon, un banco comunitario establecido en 1916 y ubicado en Absecon, Nueva Jersey.

El banco se enfoca en proporcionar productos de depósito y préstamo a clientes minoristas y pequeñas y medianas empresas principalmente en el condado de Atlantic, Nueva Jersey, con mercados secundarios en los condados de Burlington, Cape May, Cumberland, Gloucester y Ocean. Todos los depósitos están asegurados por la FDIC hasta el monto máximo legal.

Absecon Bancorp (ASCN)주당 $0.90의 정기 현금 배당금을 선언하였으며, 2024년 12월 30일에 2024년 12월 17일 기준 주주에게 지급될 예정입니다. 이 회사는 1916년에 설립된 지역 은행인 Absecon의 First National Bank를 통해 운영됩니다.

이 은행은 주로 뉴저지주 애틀랜틱 카운티 내의 소매 고객 및 중소기업에 예금 및 대출 상품을 제공하는 데 집중하고 있으며, 버링턴, 케이프 메이, 컴벌랜드, 글로스터, 오션 카운티를 포함한 보조 시장을 가지고 있습니다. 모든 예금은 법적 최대 한도까지 FDIC로 보험이 되어 있습니다.

Absecon Bancorp (ASCN) a déclaré un dividende espèces trimestriel régulier de 0,90 $ par action, payable le 30 décembre 2024, aux actionnaires inscrits au 17 décembre 2024. L'entreprise opère à travers la First National Bank d'Absecon, une banque communautaire fondée en 1916 et située à Absecon, New Jersey.

La banque se concentre sur la fourniture de produits de dépôt et de prêt aux clients de détail et aux petites et moyennes entreprises principalement dans le comté d'Atlantic, New Jersey, avec des marchés secondaires dans les comtés de Burlington, Cape May, Cumberland, Gloucester et Ocean. Tous les dépôts sont assurés par la FDIC jusqu'au montant maximum légal.

Absecon Bancorp (ASCN) hat eine reguläre vierteljährliche Bardividende von 0,90 $ pro Aktie erklärt, die am 30. Dezember 2024 an die Aktionäre ausgezahlt wird, die am 17. Dezember 2024 eingetragen sind. Das Unternehmen operiert über die First National Bank of Absecon, eine 1916 gegründete Gemeinschaftsbank mit Hauptsitz in Absecon, New Jersey.

Die Bank konzentriert sich darauf, Einzahlungs- und Kreditprodukte an Einzelhandelskunden und kleine bis mittelgroße Unternehmen hauptsächlich im Atlantic County, New Jersey, anzubieten, mit sekundären Märkten in den Landkreisen Burlington, Cape May, Cumberland, Gloucester und Ocean. Alle Einlagen sind bis zur gesetzlichen Höchstgrenze durch die FDIC versichert.

Positive
  • Consistent quarterly dividend payment of $0.90 per share
  • Strong regional presence across multiple New Jersey counties
  • Established market position with over 100 years of operation
Negative
  • None.

ABSECON, N.J., Dec. 06, 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 $0.90 per share, payable on December 30, 2024 to shareholders of record as of December 17, 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

When will Absecon Bancorp (ASCN) pay its Q4 2024 dividend?

Absecon Bancorp will pay its Q4 2024 dividend of $0.90 per share on December 30, 2024, to shareholders of record as of December 17, 2024.

What is the dividend amount for Absecon Bancorp (ASCN) in Q4 2024?

Absecon Bancorp declared a quarterly cash dividend of $0.90 per share for Q4 2024.

What is the record date for Absecon Bancorp's (ASCN) Q4 2024 dividend?

The record date for Absecon Bancorp's Q4 2024 dividend is December 17, 2024.

Which markets does Absecon Bancorp (ASCN) serve?

Absecon Bancorp primarily serves Atlantic County, New Jersey, with secondary markets in Burlington, Cape May, Cumberland, Gloucester, and Ocean Counties.

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