JD Bancshares, Inc. Declares Cash Dividend

Rhea-AI Summary

JD Bancshares, Inc. declares a cash dividend of $0.29 per share to be paid on May 10, 2024, to shareholders of record on May 3, 2024. Future dividends are determined quarterly based on earnings, financial condition, and other factors.

Positive

• JD Bancshares, Inc. announces a cash dividend of $0.29 per share, showcasing a commitment to rewarding shareholders.
• Dividends are paid to shareholders of record on May 3, 2024, highlighting the company's financial stability and performance metrics.
• The Board of Directors' decision to pay a cash dividend reflects the company's confidence in its financial position and future prospects.

Negative

• None.

JENNINGS, LA / ACCESSWIRE / April 24, 2024 / 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 23, 2024, the Board voted to pay a cash dividend in the amount of $0.29 per share on May 10, 2024 to the shareholders of record on May 3, 2024.

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 the original press release on accesswire.com

FAQ

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

JD Bancshares, Inc. declared a cash dividend of $0.29 per share.

When will the cash dividend be paid to shareholders of JDVB?

The cash dividend will be paid on May 10, 2024, to shareholders of record on May 3, 2024.

How are future dividends for JD Bancshares, Inc. common stock determined?

Future dividends for JD Bancshares, Inc. common stock are determined quarterly based on earnings, financial condition, capital requirements, and other factors.