Third Century Bancorp Announces Dividend

Rhea-AI Summary

Third Century Bancorp (TDCB) announced a $0.09 per share dividend for shareholders of record as of June 15, 2021. The dividend will be payable on July 2, 2021. As of March 31, 2021, Mutual Savings Bank, which TDCB is the parent company of, reported $224 million in assets. This financial institution, established in 1890, has multiple branches in Indiana including Franklin, Trafalgar, and Greenwood.

Positive

• Dividend declared at $0.09 per share increases shareholder income.
• Assets of Mutual Savings Bank at $224 million indicate financial stability.

Negative

• None.

(OTCPINK: TDCB) - Third Century Bancorp, an Indiana corporation and parent company of Mutual Savings Bank, announced today that the Board of Directors declared a dividend of $0.09 per share for shareholders of record on June 15, 2021. The dividend payable date is July 2, 2021.

Founded in 1890, Mutual Savings Bank is a full-service financial institution with $224 million in assets as of March 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 in Trafalgar and Greenwood, Indiana.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210519005985/en/

FAQ

What is the dividend amount for TDCB shareholders in 2021?

The dividend amount declared for TDCB shareholders is $0.09 per share.

When is the dividend payable for TDCB?

The dividend is payable on July 2, 2021.

Who are the shareholders of record for TDCB's dividend?

The shareholders of record for TDCB's dividend are those recorded as of June 15, 2021.

What are the assets of Mutual Savings Bank as of March 31, 2021?

Mutual Savings Bank reported assets of $224 million as of March 31, 2021.