JD Bancshares, Inc. Declares Cash Dividend

Rhea-AI Summary

JD Bancshares, Inc. (OTCQX:JDVB) has declared a cash dividend of $0.27 per share, payable on May 5, 2023, to shareholders of record on April 28, 2023. This decision was made during the Board's meeting held on April 18, 2023. Future dividends will be evaluated quarterly, taking into account the company's earnings, financial condition, and capital requirements. JD Bancshares is the holding company for JD Bank, established in 1947, offering various banking services in southern Louisiana through 22 branch offices and two additional production offices. The company upholds high financial standards and best corporate governance practices as a member of the OTCQX Best Market.

Positive

• Declared a cash dividend of $0.27 per share, reflecting strong financial health.
• Consistent quarterly dividend review indicates proactive financial management.

Negative

• None.

JENNINGS, LA / ACCESSWIRE / April 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 April 18, 2023, the Board voted to pay a cash dividend in the amount of $0.27 per share on May 5, 2023 to the shareholders of record on April 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.

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/750007/JD-Bancshares-Inc-Declares-Cash-Dividend

FAQ

What is the amount of the dividend declared by JD Bancshares?

JD Bancshares has declared a dividend of $0.27 per share.

When will the dividend be paid to shareholders?

The dividend will be paid on May 5, 2023.

When is the record date for the dividend?

The record date for the dividend is April 28, 2023.

How often does JD Bancshares declare dividends?

Dividends are determined on a quarterly basis.

What factors influence JD Bancshares' dividend payments?

Factors include earnings, financial condition, and capital requirements.