Third Century Bancorp Announces Dividend

Rhea-AI Summary

TDCB - Third Century Bancorp Declares $0.05 Dividend per Share, Sets Record and Payment Dates. Mutual Savings Bank, with $300 million in assets, to pay dividend on January 3, 2024. Founded in 1890, the bank operates multiple branches in Indiana.

FRANKLIN, Ind.--(BUSINESS WIRE)-- (OTCPINK: TDCB) - Third Century Bancorp, an Indiana corporation and parent company of Mutual Savings Bank, announced today that on November 16, 2023, the Board of Directors declared a dividend of $0.05 per share for shareholders of record on December 15, 2023. The dividend is expected to be paid on January 3, 2024.

Founded in 1890, Mutual Savings Bank is a full-service financial institution with $300 million in assets as of September 30, 2023. 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/20231117323513/en/

David A. Coffey, President and Chief Executive 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 $0.05 per share.

When will the dividend be paid to shareholders?

The dividend is expected to be paid on January 3, 2024.

What are the assets of Mutual Savings Bank?

Mutual Savings Bank has $300 million in assets as of September 30, 2023.

How many branches does Mutual Savings Bank operate?

Mutual Savings Bank operates branches in Franklin, Trafalgar, and Greenwood, Indiana.