JD Bancshares, Inc. Declares Cash Dividend and OTCQX Recognition

Rhea-AI Summary

JD Bancshares, Inc. (OTCQX:JDVB) announced a cash dividend of $0.27 per share, payable on February 3, 2023 to shareholders of record as of January 28, 2023. Future dividends will be determined quarterly, considering earnings and financial conditions. The company has also been recognized in the 2023 OTCQX Best 50, ranking #19 overall based on performance metrics from 2022. This acknowledgment underscores efforts to increase trading volume. JD Bancshares operates JD Bank, serving southern Louisiana since 1947.

Positive

• Declared a cash dividend of $0.27 per share, reinforcing shareholder returns.
• Ranked #19 in the 2023 OTCQX Best 50, indicating strong market performance.

Negative

• None.

JENNINGS, LA / ACCESSWIRE / January 19, 2023 / 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 January 18, 2023, the Board voted to pay a cash dividend in the amount of $0.27 per share on February 3, 2023 to the shareholders of record on January 28, 2023.

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.

The Company is also pleased to announce it has been named to the 2023 OTCQX Best 50, a ranking of top performing companies traded on the OTCQX Best Market.

The OTCQX Best 50 is an annual ranking of the top 50 U.S. and international companies traded on the OTCQX Best Market. The ranking is calculated based on an equal weighting of one-year total return and average daily dollar volume growth in the previous calendar year. Companies in the 2023 OTCQX Best 50 were ranked based on their performance in 2022.

Bruce W. Elder, President & CEO of JD Bancshares, Inc. stated, "it is an honor to be named #19 out of the top 50 OTCQX companies. We have made a concerted effort to increase our trading volume and this recognition validates those efforts."

For the complete 2023 OTCQX Best 50 ranking, visit: OTCQX Best 50

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/735855/JD-Bancshares-Inc-Declares-Cash-Dividend-and-OTCQX-Recognition

FAQ

What is the dividend amount for JD Bancshares, Inc. (JDVB) and when is it paid?

JD Bancshares, Inc. has declared a cash dividend of $0.27 per share, payable on February 3, 2023.

Who are the shareholders of record for the JD Bancshares, Inc. dividend?

The shareholders of record for the dividend are those on record as of January 28, 2023.

What does the ranking in the 2023 OTCQX Best 50 mean for JD Bancshares, Inc.?

Being ranked #19 in the 2023 OTCQX Best 50 reflects JD Bancshares, Inc.’s strong performance in terms of total return and trading volume growth.