JD Bancshares, Inc. Declares Cash Dividend

Rhea-AI Summary

JD Bancshares, Inc. (OTCQX:JDVB) announced a cash dividend of $0.45 per share, payable on May 7, 2021, to shareholders of record as of April 30, 2021. The Board made this decision during a meeting on April 20, 2021. Future dividends will be evaluated quarterly based on earnings and financial condition. JD Bancshares is the holding company for JD Bank, which offers various personal and commercial financial products across southwest Louisiana.

Positive

• Declaration of a $0.45 cash dividend enhances shareholder income.
• Continued dividend policy indicates company confidence in financial stability.

Negative

• None.

JENNINGS, LA / ACCESSWIRE / April 21, 2021 / 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 20, 2021, the Board voted to pay a cash dividend in the amount of $0.45 per share on May 7, 2021 to the shareholders of record on April 30, 2021.

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. may be accessed on its website at www.jdbank.com/investor relations.

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 www.otcmarkets.com.

CONTACT:
JD Bancshares, Inc.
Bruce Elder (CEO) (337-246-5399)
Paul Brummett (CFO) (337-824-1422)
Website: www.jdbank.com

SOURCE: JD Bancshares, Inc.

View source version on accesswire.com:
https://www.accesswire.com/641547/JD-Bancshares-Inc-Declares-Cash-Dividend

FAQ

What is the dividend amount for JD Bancshares, Inc. (JDVB)?

JD Bancshares, Inc. declared a cash dividend of $0.45 per share.

When is the dividend payment date for JD Bancshares, Inc. (JDVB)?

The dividend payment date is set for May 7, 2021.

Who are the shareholders eligible for the dividend of JD Bancshares, Inc. (JDVB)?

Shareholders of record as of April 30, 2021, are eligible for the dividend.

How often does JD Bancshares, Inc. (JDVB) pay dividends?

Dividends are determined on a quarterly basis.

What factors influence the dividend payments of JD Bancshares, Inc. (JDVB)?

Dividend payments are influenced by earnings, financial condition, and capital requirements.