Third Century Bancorp Announces Dividend

Rhea-AI Summary

Third Century Bancorp (TDCB) announced a dividend of $0.09 per share, declared on February 17, 2022, for shareholders of record on March 15, 2022. Payment is scheduled for April 4, 2022. Founded in 1890, Mutual Savings Bank, the bank’s parent company, holds $242 million in assets as of December 31, 2021. The institution operates branches in Franklin, Trafalgar, and Greenwood, Indiana.

Positive

• Dividend declared at $0.09 per share indicates shareholder return.
• Strong asset base of $242 million enhances 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 that on February 17, 2022, the Board of Directors declared a dividend of $0.09 per share for shareholders of record on March 15, 2022. The dividend is expected to be paid on April 4, 2022.

Founded in 1890, Mutual Savings Bank is a full-service financial institution with $242 million in assets as of December 31, 2021. 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/20220218005434/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 (TDCB)?

The dividend amount declared is $0.09 per share.

When is the dividend payment date for TDCB shareholders?

The dividend payment date is April 4, 2022.

Who are the shareholders of record for the TDCB dividend?

The shareholders of record are those on March 15, 2022.

How much are Third Century Bancorp's total assets?

Third Century Bancorp has total assets of $242 million as of December 31, 2021.

When was the dividend for TDCB declared?

The dividend was declared on February 17, 2022.