JD Bancshares, Inc. Declares Cash Dividend

Rhea-AI Summary

JD Bancshares, Inc. (OTCQX:JDVB) announced a cash dividend of $0.25 per share to be paid on November 4, 2022, for shareholders on record as of October 28, 2022. The Board of Directors made this decision during their meeting on October 18, 2022. Future dividends will be determined quarterly, considering earnings, financial health, and other factors. JD Bancshares is the bank holding company of JD Bank, which has operated since 1947, offering various financial services across 22 branches in Louisiana.

Positive

• Declared a cash dividend of $0.25 per share, providing direct income to shareholders.
• Regular quarterly review of dividends shows a commitment to shareholder returns.

Negative

• None.

JENNINGS, LA / ACCESSWIRE / October 19, 2022 / 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 October 18, 2022, the Board voted to pay a cash dividend in the amount of $0.25 per share on November 4, 2022 to the shareholders of record on October 28, 2022.

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 source version on accesswire.com:
https://www.accesswire.com/720995/JD-Bancshares-Inc-Declares-Cash-Dividend

FAQ

What is the dividend amount declared by JD Bancshares, Inc.?

JD Bancshares, Inc. declared a cash dividend of $0.25 per share.

When will the dividend be paid by JD Bancshares, Inc.?

The dividend will be paid on November 4, 2022.

What is the record date for the dividend payment?

The record date for the dividend payment is October 28, 2022.

How often does JD Bancshares, Inc. pay dividends?

Dividends are determined on a quarterly basis.

What factors determine future dividends for JD Bancshares, Inc.?

Future dividends depend on earnings, financial condition, and capital requirements.