JSB Financial Inc. Announces Semi-Annual Dividend

Rhea-AI Summary

JSB Financial (OTC Pink: JFWV) has announced a semi-annual cash dividend of $1.25 per common share, representing a $0.05 increase from the previous dividend of $1.20 paid in September 2024. The dividend will be payable on March 14, 2025 to shareholders of record on March 3, 2025. The dividend increase was approved by the Board of Directors at their February 19, 2025 meeting.

Positive

• Dividend increased by $0.05 per share (4.2% increase)
• Continued commitment to shareholder returns through dividend payments

Negative

• None.

SHEPHERDSTOWN, W.Va.--(BUSINESS WIRE)-- JSB Financial Inc. (OTC Pink: JFWV), the holding company of Jefferson Security Bank, announced that the Board of Directors declared a cash dividend of $1.25 per common share at its February 19, 2025 meeting. The cash dividend is payable on March 14, 2025 to shareholders of record on March 3, 2025. This represents an increase of $0.05 from the previous semi-annual cash dividend of $1.20 per share paid in September 2024.

About JSB Financial Inc.

JSB Financial Inc. (OTC Pink: JFWV) is the holding company for Jefferson Security Bank, an independent community bank operating six banking offices located in Berkeley County and Jefferson County, West Virginia and Washington County, Maryland. Founded in 1869, Jefferson Security Bank serves individuals, businesses, municipalities and community organizations through a comprehensive suite of banking services delivered by an exceptional team who put customers first. Jefferson Security Bank has received industry recognition by American Banker magazine five years in a row. Most recently, as a Top 100 Community Bank in 2024 and prior as a Top 200 Community Bank for four consecutive years. Operating for over 155 years, Jefferson Security Bank is the oldest, independent, locally owned and managed bank in West Virginia. Visit www.jsb.bank for more information.

This press release may contain forward-looking statements, as defined by federal securities laws, which may involve significant risks and uncertainties. The statements are based on estimates and assumptions made by management in conjunction with other factors deemed appropriate under the circumstances. Actual results could differ materially from current projections.

Offices:

105 East Washington Street, Shepherdstown, WV (304-876-9000)
7994 Martinsburg Pike, Shepherdstown, WV (304-876-2800)
873 East Washington Street, Suite 100, Charles Town, WV (304-725-9752)
277 Mineral Drive, Suite 1, Inwood, WV (304-229-6000)
1861 Edwin Miller Boulevard, Martinsburg, WV (304-264-0900)
103 West Main Street, Sharpsburg, MD (301-432-3900)

View source version on businesswire.com: https://www.businesswire.com/news/home/20250221590127/en/

Jenna Kesecker, Executive Vice President

and Chief Financial Officer

304-876-9016

Source: JSB Financial Inc.

FAQ

What is the new dividend amount for JSB Financial (JFWV) announced in February 2025?

JSB Financial announced a semi-annual dividend of $1.25 per common share in February 2025.

When is the payment date for JSB Financial's (JFWV) March 2025 dividend?

The dividend will be paid on March 14, 2025 to shareholders of record as of March 3, 2025.

How much did JSB Financial (JFWV) increase its dividend in February 2025?

JSB Financial increased its semi-annual dividend by $0.05, from $1.20 to $1.25 per share.

What was JSB Financial's (JFWV) previous dividend payment in September 2024?

JSB Financial's previous semi-annual dividend payment in September 2024 was $1.20 per share.