JD Bancshares, Inc. Declares Cash Dividend

Rhea-AI Summary

JD Bancshares, Inc. announced a cash dividend of $0.27 per share to be paid on August 4, 2023. The dividend is determined quarterly based on earnings, financial condition, and other factors.

JENNINGS, LA / ACCESSWIRE / July 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 July 18, 2023, the Board voted to pay a cash dividend in the amount of $0.27 per share on August 4, 2023 to the shareholders of record on July 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.

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https://www.accesswire.com/768884/JD-Bancshares-Inc-Declares-Cash-Dividend

FAQ

What is the dividend amount announced by JD Bancshares, Inc.?

JD Bancshares, Inc. announced a cash dividend of $0.27 per share.

When will the dividend be paid?

The dividend will be paid on August 4, 2023.

How is the dividend amount determined?

The dividend amount is determined quarterly based on earnings, financial condition, capital requirements, and other factors.