JD Bancshares, Inc. Declares Cash Dividend

Rhea-AI Summary

JD Bancshares, Inc. (OTCQX:JDVB) has declared a cash dividend of $0.25 per share, set for payment on November 5, 2021. Shareholders of record as of October 29, 2021 will be eligible. The Board made this decision during its meeting on October 19, 2021, with future dividends contingent on quarterly assessments of earnings and financial health. JD Bancshares is the holding company for JD Bank, which has served southwest Louisiana since 1947 with diverse banking services.

Positive

• Declared a cash dividend of $0.25 per share, enhancing shareholder income.
• Consistent dividend payments demonstrate company confidence and solid financial health.

Negative

• None.

JENNINGS, LA / ACCESSWIRE / October 20, 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 October 19, 2021, the Board voted to pay a cash dividend in the amount of $0.25 per share on November 5, 2021 to the shareholders of record on October 29, 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 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.

CONTACT:

JD Bancshares, Inc.
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/668824/JD-Bancshares-Inc-Declares-Cash-Dividend

FAQ

What is the dividend amount for JD Bancshares, Inc., stock symbol JDVB?

JD Bancshares, Inc. has declared a cash dividend of $0.25 per share.

When will the dividend be paid to shareholders of JD Bancshares, Inc.?

The dividend will be paid on November 5, 2021.

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

The record date for the dividend payment is October 29, 2021.

How often does JD Bancshares, Inc. declare dividends?

Dividends are determined on a quarterly basis.

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

Future dividends are based on earnings, financial condition, capital requirements, and other factors.