Texas Community Bancshares, Inc. Declares Dividend Increase

Rhea-AI Summary

Texas Community Bancshares, Inc. (TCBS) announces a quarterly cash dividend increase to $0.04 per share, marking the second rise since dividend initiation in March 2023.

MINEOLA, Texas, Feb. 28, 2024 /PRNewswire/ -- Texas Community Bancshares, Inc. (the "Company") (NASDAQ: "TCBS"), the holding company of Broadstreet Bank, SSB, announced today that its Board of Directors has declared the payment of a quarterly cash dividend of $0.04 per share of common stock. This represents the second increase since the Company began paying dividends in March 2023. The dividend will be payable on or about March 28, 2024 to stockholders of record as of the close of business on March 14, 2024.

About Texas Community Bancshares, Inc. and Broadstreet Bank, SSB
Texas Community Bancshares is the holding company for Broadstreet Bank, SSB, a Texas-chartered savings bank that operates seven locations in northeast Texas. Established in 1934, Broadstreet Bank opened as a Savings and Loan Association with $4,057 in assets and has since grown into a $448 million dollar community bank. The Bank leverages ninety years of proven strength in creating financial opportunities for the communities it serves by offering full-service personal and business banking to consumers along with residential and commercial real estate lending. For more information on the Bank, or to view investor relations for the Company, visit www.broadstreet.bank.

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SOURCE Texas Community Bancshares, Inc.

FAQ

What is the latest dividend declared by Texas Community Bancshares, Inc. (TCBS)?

The latest dividend declared by Texas Community Bancshares, Inc. (TCBS) is $0.04 per share of common stock.

When will the recently announced dividend be payable by Texas Community Bancshares, Inc. (TCBS)?

The recently announced dividend by Texas Community Bancshares, Inc. (TCBS) will be payable on or

How many dividend increases has Texas Community Bancshares, Inc. (TCBS) made since March 2023?

Texas Community Bancshares, Inc. (TCBS) has made two dividend increases since March 2023.