Third Century Bancorp Announces Dividend

Rhea-AI Summary

Third Century Bancorp (TDCB) announced a $0.08 per share dividend on February 25, 2021, for shareholders of record as of March 15, 2021. The payable date is set for April 2, 2021. As of December 31, 2020, Mutual Savings Bank, the company's subsidiary, boasts $209 million in assets. Founded in 1890, the bank operates several branches in Indiana, including locations in Franklin, Trafalgar, and Greenwood.

Positive

• Dividend of $0.08 per share declared, indicating financial health and commitment to shareholders.
• Bank assets amount to $209 million, reflecting a stable financial position.

Negative

• None.

(OTCPINK: TDCB) - Third Century Bancorp, an Indiana corporation and parent company of Mutual Savings Bank, announced today that on February 25, 2021 the Board of Directors declared a dividend of $0.08 per share for shareholders of record on March 15, 2021. The dividend payable date is April 2, 2021.

Founded in 1890, Mutual Savings Bank is a full-service financial institution with $209 million in assets as of December 31, 2020. 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 in Trafalgar and Greenwood, Indiana.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210302006068/en/

FAQ

What is the dividend amount for TDCB?

The dividend amount declared is $0.08 per share.

When is the dividend payable for TDCB?

The dividend is payable on April 2, 2021.

Who is eligible for the TDCB dividend?

Shareholders of record as of March 15, 2021, are eligible.

What is the financial status of Mutual Savings Bank?

Mutual Savings Bank has assets totaling $209 million as of December 31, 2020.