Jeffersonville Bancorp Announces Special Dividend of $0.25 per share
Jeffersonville Bancorp (OTCQB: JFBC) has declared a special cash dividend of $0.25 per share on January 14, 2025. The dividend will be paid on February 5, 2025, to stockholders of record as of January 29, 2025.
The company attributes its exceptional 2024 performance to higher loan interest income, solid credit quality, and low core funding costs. According to CEO George W. Kinne, Jr., these peer-leading results have enabled significant capital accumulation, allowing the board to reward loyal shareholders with this special dividend.
Jeffersonville Bancorp operates as a one-bank holding company owning Jeff Bank, which maintains ten full-service branches across Sullivan and Orange County, New York.
Jeffersonville Bancorp (OTCQB: JFBC) ha dichiarato un dividendo speciale in contante di 0,25 dollari per azione il 14 gennaio 2025. Il dividendo sarà pagato il 5 febbraio 2025, agli azionisti registrati alla data del 29 gennaio 2025.
L'azienda attribuisce le sue eccezionali performance del 2024 a un aumento dei ricavi da interessi sui prestiti, a una solida qualità del credito e a bassi costi di finanziamento di base. Secondo il CEO George W. Kinne, Jr., questi risultati, leader nel settore, hanno consentito un notevole accumulo di capitale, permettendo al consiglio di premiare gli azionisti fedeli con questo dividendo speciale.
Jeffersonville Bancorp opera come una holding bancaria unitaria possedendo Jeff Bank, che mantiene dieci filiali complete nei comitati di Sullivan e Orange, New York.
Jeffersonville Bancorp (OTCQB: JFBC) ha declarado un dividendo en efectivo especial de 0,25 dólares por acción el 14 de enero de 2025. El dividendo se pagará el 5 de febrero de 2025 a los accionistas registrados hasta el 29 de enero de 2025.
La empresa atribuye su excepcional desempeño en 2024 a un mayor ingreso por intereses de préstamos, una sólida calidad crediticia y bajos costos de financiamiento central. Según el CEO George W. Kinne, Jr., estos resultados líderes en la industria han permitido una acumulación significativa de capital, permitiendo a la junta recompensar a los accionistas leales con este dividendo especial.
Jeffersonville Bancorp opera como una compañía de tenencia bancaria que posee Jeff Bank, que mantiene diez sucursales de servicio completo en los condados de Sullivan y Orange, Nueva York.
Jeffersonville Bancorp (OTCQB: JFBC)는 2025년 1월 14일에 주당 0.25달러의 특별 현금 배당금을 선언했습니다. 이 배당금은 2025년 2월 5일, 2025년 1월 29일 기준 주주들에게 지급됩니다.
회사는 2024년의 예외적인 성과를 높은 대출 이자 수익, 견고한 신용 품질, 낮은 기본 자금 조달 비용 덕분이라고 설명하고 있습니다. CEO 조지 W. 키네 주니어에 따르면, 이러한 동종 업계에서의 선도적인 성과는 상당한 자본 축적을 가능하게 하여 이사회가 충성스러운 주주들에게 이 특별 배당금을 지급할 수 있게 했습니다.
Jeffersonville Bancorp는 하나의 은행 지주회사로 운영되며, Jeff Bank를 소유하고 있으며, 뉴욕의 설리번 카운티와 오렌지 카운티 전역에 10개의 풀 서비스 지점을 운영하고 있습니다.
Jeffersonville Bancorp (OTCQB: JFBC) a déclaré un dividende exceptionnel en espèces de 0,25 dollars par action le 14 janvier 2025. Le dividende sera payé le 5 février 2025 aux actionnaires enregistrés au 29 janvier 2025.
L'entreprise attribue sa performance exceptionnelle de 2024 à des revenus d'intérêts sur prêts plus élevés, une solide qualité de crédit et des coûts de financement de base faibles. Selon le PDG George W. Kinne, Jr., ces résultats, leaders dans le secteur, ont permis une accumulation de capital significative, permettant au conseil d'administration de récompenser les actionnaires fidèles avec ce dividende spécial.
Jeffersonville Bancorp opère en tant que société de portefeuille bancaire unique possédant Jeff Bank, qui maintient dix agences de services complets dans les comtés de Sullivan et Orange, New York.
Jeffersonville Bancorp (OTCQB: JFBC) hat am 14. Januar 2025 eine sonstige Bardividende von 0,25 US-Dollar pro Aktie erklärt. Die Dividende wird am 5. Februar 2025 an Aktionäre ausgezahlt, die am 29. Januar 2025 als Aktionäre registriert sind.
Das Unternehmen führt seine außergewöhnliche Leistung im Jahr 2024 auf höhere Zinseinnahmen aus Krediten, solide Kreditqualität und niedrige Kernfinanzierungskosten zurück. Laut CEO George W. Kinne, Jr. haben diese branchenführenden Ergebnisse eine erhebliche Kapitalakkumulation ermöglicht, die es dem Vorstand erlaubte, treue Aktionäre mit dieser speziellen Dividende zu belohnen.
Jeffersonville Bancorp fungiert als eine einbankliche Holdinggesellschaft, die Jeff Bank besitzt, die zehn vollwertige Filialen in den Landkreisen Sullivan und Orange, New York, betreibt.
- Announcement of special cash dividend of $0.25 per share
- Exceptional performance in 2024
- Higher loan interest income
- Strong credit quality metrics
- Low core funding costs
- Significant capital accumulation
- Peer-leading results
- None.
JEFFERSONVILLE, N.Y., Jan. 14, 2025 (GLOBE NEWSWIRE) -- Jeffersonville Bancorp, Inc. (OTCQB - JFBC) announced today that a special cash dividend in the amount of twenty-five cents (
“The Company had another exceptional year in 2024 due to higher loan interest income, solid credit quality, and low core funding costs. The Company’s peer leading results have allowed us to accrete a significant amount of capital,” said George W. Kinne, Jr., President and CEO. “The Board of Directors is pleased that with our positive results and strong capital position, they are able to reward our loyal shareholders with this special cash dividend.”
Jeffersonville Bancorp is a one-bank holding company, which owns all the capital stock of Jeff Bank. Jeff Bank maintains ten full-service branches in Sullivan and Orange County, New York located in Anawana Lake Road/Monticello, Eldred, Callicoon, Jeffersonville, Liberty, Livingston Manor, Monticello, Port Jervis, White Lake, and Wurtsboro.
For More Information, call: 845-482-4000
Contact: George W. Kinne, Jr., President – CEO
FAQ
When will JFBC pay its special dividend of $0.25 per share?
What factors contributed to JFBC's exceptional performance in 2024?
How many branches does Jeff Bank operate and where are they located?
What was the reason behind JFBC's special dividend declaration in January 2025?
