Third Century Bancorp Announces Dividend

Rhea-AI Summary

Third Century Bancorp (OTCPINK: TDCB) declared a $0.10 dividend per share for shareholders of record on June 15, 2022, with an expected payment date of July 5, 2022. The bank has $261 million in assets as of March 31, 2022, and operates in Franklin, Trafalgar, and Greenwood, Indiana. Established in 1890, Mutual Savings Bank is its primary banking institution.

Positive

• Dividend of $0.10 per share boosts shareholder returns.
• Solid asset base of $261 million indicates financial stability.

Negative

• None.

FRANKLIN, Ind.--(BUSINESS WIRE)-- OTCPINK: TDCB - Third Century Bancorp, an Indiana corporation and parent company of Mutual Savings Bank, announced today, May 18, 2022, the Board of Directors declared a dividend of $0.10 per share for shareholders of record on June 15, 2022. The dividend is expected to be paid on July 5, 2022.

Founded in 1890, Mutual Savings Bank is a full-service financial institution with $261 million in assets as of March 31, 2022. In addition to its main office at 80 East Jefferson Street, Franklin, Indiana, the bank operates branches in Franklin at 1124 North Main Street, as well as Trafalgar and Greenwood, Indiana.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220518006104/en/

David A. Coffey, President and Chief Executive Officer

Ryan W. Cook, Senior Vice President and Chief Financial Officer

Tel. 317-736-7151

Fax 317-736-1726

Source: Third Century Bancorp

FAQ

What is the dividend amount declared by Third Century Bancorp?

Third Century Bancorp declared a dividend of $0.10 per share.

What is the record date for the dividend payment of TDCB?

The record date for the dividend payment is June 15, 2022.

When will Third Century Bancorp pay the dividend?

The dividend is expected to be paid on July 5, 2022.

What is the total asset value of Third Century Bancorp?

Third Century Bancorp has $261 million in assets as of March 31, 2022.