JD Bancshares, Inc. Declares Cash Dividend

Rhea-AI Summary

JD Bancshares, Inc. (OTCQX:JDVB) declared a cash dividend of $0.25 per share, set to be paid on May 6, 2022, to shareholders of record on April 29, 2022. The Board of Directors made this decision during their meeting on April 19, 2022. Future dividends will be evaluated quarterly based on various factors including earnings and financial condition. JD Bancshares operates JD Bank, serving southwest Louisiana since 1947 with a range of banking and investment services through its 23 branches.

Positive

• Announced a cash dividend of $0.25 per share to enhance shareholder returns.
• Demonstrates ongoing commitment to dividend payments, reflecting financial stability.

Negative

• None.

JENNINGS, LA / ACCESSWIRE / April 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 April 19, 2022, the Board voted to pay a cash dividend in the amount of $0.25 per share on May 6, 2022 to the shareholders of record on April 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 23 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/698077/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 JD Bancshares, Inc. pay the dividend?

The dividend will be paid on May 6, 2022.

Who is eligible to receive the dividend from JD Bancshares, Inc.?

Shareholders of record on April 29, 2022, are eligible to receive the dividend.

How often does JD Bancshares, Inc. declare dividends?

Dividends are determined on a quarterly basis.