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JSB Financial Inc. Announces Semi-Annual Dividend

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JSB Financial Inc. (OTCPink: JFWV), the holding company of Jefferson Security Bank, has declared a semi-annual dividend of $1.20 per share. The cash dividend will be paid on September 13, 2024 to shareholders of record on September 2, 2024. This dividend maintains consistency with the previous semi-annual payout and brings the total annual dividend for 2024 to $2.40 per share. Notably, this represents a 4.3% increase from the 2023 annual dividend of $2.30 per share, demonstrating the company's commitment to shareholder returns and financial stability.

JSB Financial Inc. (OTCPink: JFWV), la holding di Jefferson Security Bank, ha dichiarato un dividendo semi-annuale di $1,20 per azione. Il dividendo in contante sarà pagato il 13 settembre 2024 agli azionisti registrati il 2 settembre 2024. Questo dividendo mantiene la coerenza con il precedente pagamento semi-annuale e porta il dividendo annuale totale per il 2024 a $2,40 per azione. In particolare, rappresenta un aumento del 4,3% rispetto al dividendo annuale del 2023 di $2,30 per azione, dimostrando l'impegno dell'azienda verso i ritorni per gli azionisti e la stabilità finanziaria.

JSB Financial Inc. (OTCPink: JFWV), la empresa matriz de Jefferson Security Bank, ha declarado un dividendo semestral de $1.20 por acción. El dividendo en efectivo se pagará el 13 de septiembre de 2024 a los accionistas registrados el 2 de septiembre de 2024. Este dividendo mantiene la consistencia con el pago semestral anterior y lleva el dividendo anual total para 2024 a $2.40 por acción. Notablemente, esto representa un incremento del 4.3% respecto al dividendo anual de 2023 de $2.30 por acción, demostrando el compromiso de la empresa con los retornos para los accionistas y la estabilidad financiera.

JSB Financial Inc. (OTCPink: JFWV)는 Jefferson Security Bank의 지주회사로서 주당 $1.20의 반기 배당금을 선언했습니다. 현금 배당금은 2024년 9월 13일에 2024년 9월 2일 기준 주주에게 지급됩니다. 이번 배당금은 이전의 반기 배당금 지급과 일관성을 유지하며 2024년 전체 연간 배당금을 주당 $2.40으로 높입니다. 특히, 이는 2023년 연간 배당금 $2.30에서 4.3% 증가한 것으로, 회사가 주주 수익 및 재정적 안정성에 대한 의지를 보여줍니다.

JSB Financial Inc. (OTCPink: JFWV), la société mère de Jefferson Security Bank, a déclaré un dividende semestriel de 1,20 $ par action. Le dividende en espèces sera versé le 13 septembre 2024 aux actionnaires inscrits le 2 septembre 2024. Ce dividende maintient la cohérence avec le versement semestriel précédent et porte le dividende annuel total pour 2024 à 2,40 $ par action. Notamment, cela représente une augmentation de 4,3% par rapport au dividende annuel de 2,30 $ par action en 2023, démontrant l'engagement de l'entreprise envers le retour des actionnaires et la stabilité financière.

JSB Financial Inc. (OTCPink: JFWV), die Muttergesellschaft der Jefferson Security Bank, hat eine halbjährliche Dividende von 1,20 $ pro Aktie erklärt. Die Barauszahlung der Dividende erfolgt am 13. September 2024 an die zum 2. September 2024 registrierten Aktionäre. Diese Dividende bleibt im Einklang mit der vorherigen halbjährlichen Ausschüttung und bringt die Jahresdividende für 2024 auf 2,40 $ pro Aktie. Dies stellt insbesondere einen 4,3% Anstieg gegenüber der Jahresdividende von 2,30 $ pro Aktie im Jahr 2023 dar und zeigt das Engagement des Unternehmens für die Renditen der Aktionäre und die finanzielle Stabilität.

Positive
  • Consistent semi-annual dividend of $1.20 per share maintained
  • Annual dividend increased by 4.3% from $2.30 in 2023 to $2.40 in 2024
  • Dividend increase signals company confidence and financial stability
Negative
  • None.

SHEPHERDSTOWN, W.Va.--(BUSINESS WIRE)-- JSB Financial Inc. (OTCPink: JFWV), the holding company of Jefferson Security Bank, announced that the Board of Directors declared a common stock dividend of $1.20 per share at its August 21, 2024 meeting. The cash dividend is payable on September 13, 2024 to shareholders of record on September 2, 2024. This dividend is consistent with the previous semi-annual dividend and results in an annual dividend of $2.40 per share in 2024, representing an increase of $0.10 per share or 4.3% from $2.30 per share in 2023.

About JSB Financial Inc.

JSB Financial Inc. (OTCPink: 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)

Jenna Kesecker, Executive Vice President and Chief Financial Officer

304-876-9016

Source: JSB Financial Inc.

FAQ

What is the amount of JSB Financial Inc.'s (JFWV) semi-annual dividend for 2024?

JSB Financial Inc. (JFWV) has declared a semi-annual dividend of $1.20 per share for 2024.

When will JSB Financial Inc. (JFWV) pay its next dividend?

JSB Financial Inc. (JFWV) will pay its next dividend on September 13, 2024 to shareholders of record on September 2, 2024.

How much has JSB Financial Inc.'s (JFWV) annual dividend increased from 2023 to 2024?

JSB Financial Inc.'s (JFWV) annual dividend has increased by $0.10 per share or 4.3%, from $2.30 in 2023 to $2.40 in 2024.

What is the total annual dividend for JSB Financial Inc. (JFWV) in 2024?

The total annual dividend for JSB Financial Inc. (JFWV) in 2024 is $2.40 per share.

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