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

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Absecon Bancorp (OTC: ASCN), the holding company of First National Bank of Absecon, has declared a quarterly cash dividend of $0.75 per share. The dividend is payable on September 30, 2024, to shareholders of record as of September 17, 2024. First National Bank of Absecon, established in 1916, is a community bank serving Atlantic County, New Jersey, and portions of surrounding counties. The bank focuses on providing deposit and loan products to retail customers and small to mid-sized businesses. Deposits are insured by the FDIC up to the legal maximum amount. Dividend distributions are processed by Computershare Trust Company, N.A.

Absecon Bancorp (OTC: ASCN), la società madre della First National Bank of Absecon, ha dichiarato un dividendo trimestrale in contante di $0,75 per azione. Il dividendo sarà pagabile il 30 settembre 2024, agli azionisti registrati al 17 settembre 2024. La First National Bank of Absecon, fondata nel 1916, è una banca comunitaria che serve la contea di Atlantic, nel New Jersey, e porzioni delle contee circostanti. La banca si concentra sulla fornitura di prodotti di deposito e prestito per clienti al dettaglio e piccole e medie imprese. I depositi sono assicurati dalla FDIC fino all'importo massimo legale. I pagamenti dei dividendi sono gestiti dalla Computershare Trust Company, N.A.

Absecon Bancorp (OTC: ASCN), la empresa matriz de First National Bank of Absecon, ha declarado un dividendo en efectivo trimestral de $0.75 por acción. El dividendo se pagará el 30 de septiembre de 2024, a los accionistas registrados al 17 de septiembre de 2024. First National Bank of Absecon, establecida en 1916, es un banco comunitario que sirve al condado de Atlantic, Nueva Jersey, y a partes de los condados circundantes. El banco se centra en proporcionar productos de depósito y préstamo a clientes minoristas y pequeñas y medianas empresas. Los depósitos están asegurados por la FDIC hasta el máximo legal. Las distribuciones de dividendos son procesadas por Computershare Trust Company, N.A.

Absecon Bancorp (OTC: ASCN)는 First National Bank of Absecon의 모회사로, 주당 $0.75의 분기 현금 배당금을 선언했습니다. 이 배당금은 2024년 9월 30일에 지급되며, 2024년 9월 17일 기준 주주에게 지급됩니다. 1916년에 설립된 First National Bank of Absecon은 뉴저지주 애틀랜틱 카운티와 인근 카운티의 일부를 서비스하는 지역 은행입니다. 이 은행은 소매 고객과 중소기업에 대한 예금 및 대출 상품 제공에 중점을 두고 있습니다. 예금은 FDIC에 의해 법적 한도까지 보장됩니다. 배당금 분배는 Computershare Trust Company, N.A.에서 처리합니다.

Absecon Bancorp (OTC: ASCN), la société holding de la First National Bank of Absecon, a déclaré un dividende trimestriel en espèces de 0,75 $ par action. Le dividende sera payable le 30 septembre 2024, aux actionnaires enregistrés au 17 septembre 2024. La First National Bank of Absecon, fondée en 1916, est une banque communautaire qui sert le comté d'Atlantic, dans le New Jersey, et des parties des comtés environnants. La banque se concentre sur la fourniture de produits de dépôt et de prêt aux clients de détail et aux petites et moyennes entreprises. Les dépôts sont assurés par la FDIC jusqu'au montant légal maximum. Les distributions de dividendes sont traitées par Computershare Trust Company, N.A.

Absecon Bancorp (OTC: ASCN), die Holdinggesellschaft der First National Bank of Absecon, hat eine vierteljährliche Barausschüttung von $0,75 pro Aktie erklärt. Die Ausschüttung ist am 30. September 2024 fällig für Aktionäre, die am 17. September 2024 im Aktienregister stehen. Die First National Bank of Absecon, die 1916 gegründet wurde, ist eine Gemeinschaftsbank, die im Atlantic County, New Jersey, und in Teilen der benachbarten Landkreise tätig ist. Die Bank konzentriert sich darauf, Einlagen- und Kreditprodukte für Privatkunden sowie kleine und mittelständische Unternehmen anzubieten. Einlagen sind von der FDIC bis zur gesetzlich zulässigen Höchstgrenze versichert. Die Ausschüttungen von Dividenden werden von der Computershare Trust Company, N.A. abgewickelt.

Positive
  • Declared quarterly cash dividend of $0.75 per share
  • Long-standing community presence since 1916
  • Deposits insured by FDIC up to legal maximum
Negative
  • None.

ABSECON, N.J., Sept. 09, 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 September 30, 2024 to shareholders of record as of September 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

What is the amount of Absecon Bancorp's (ASCN) third-quarter cash dividend for 2024?

Absecon Bancorp (ASCN) has declared a third-quarter cash dividend of $0.75 per share for 2024.

When is the payment date for Absecon Bancorp's (ASCN) latest dividend?

The payment date for Absecon Bancorp's (ASCN) latest dividend is September 30, 2024.

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

The record date for Absecon Bancorp's (ASCN) third-quarter 2024 dividend is September 17, 2024.

What are the primary market areas served by First National Bank of Absecon (ASCN)?

First National Bank of Absecon (ASCN) primarily serves Atlantic County, New Jersey, with secondary markets in portions of Burlington, Cape May, Cumberland, Gloucester, and Ocean Counties.

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