JD Bancshares, Inc. Declares Cash Dividend

Rhea-AI Summary

JD Bancshares, Inc. (OTCQX:JDVB) announced a cash dividend of $0.25 per share, payable on August 5, 2022 to shareholders of record as of July 29, 2022. The decision was made during the Board meeting held on July 19, 2022. Future dividends will be determined quarterly based on various factors including earnings and financial health. JD Bancshares operates JD Bank, serving southwest Louisiana since 1947, with 22 full-service branches along the I-10 corridor.

Positive

• Cash dividend of $0.25 per share boosts shareholder returns.
• Consistent payment schedule underscores company confidence in financial stability.

Negative

• None.

JENNINGS, LA / ACCESSWIRE / July 20, 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 July 19, 2022, the Board voted to pay a cash dividend in the amount of $0.25 per share on August 5, 2022 to the shareholders of record on July 29, 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 southwest 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 located along the Interstate 10 corridor from Lake Charles to Lafayette, Louisiana. JD Bancshares, Inc. Investor Relations 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.

For more information contact:

Bruce Elder (CEO) 337-246-5399
Paul Brummett (CFO) 337-246-5395
Website: www.jdbank.com

SOURCE: JD Bancshares, Inc.

View source version on accesswire.com:
https://www.accesswire.com/709069/JD-Bancshares-Inc-Declares-Cash-Dividend

FAQ

What is the dividend amount declared by JD Bancshares, Inc. for 2022?

The dividend amount declared is $0.25 per share.

When will JD Bancshares, Inc. pay its dividend?

The dividend will be paid on August 5, 2022.

What is the record date for the dividend payment of JD Bancshares, Inc.?

The record date for the dividend payment is July 29, 2022.

How often does JD Bancshares, Inc. declare dividends?

JD Bancshares, Inc. determines dividend payments on a quarterly basis.

What factors influence the dividend payment of JD Bancshares, Inc.?

Dividend payments are based on earnings, financial condition, capital requirements, and other factors.