Jeffersonville Bancorp (OTCMKTS:JFBC) to Issue Dividend of $0.15

Key Points

• Jeffersonville Bancorp declared a dividend of $0.15 per share, with the payment scheduled for September 4th to investors on record by August 27th.
• The dividend yield is notably high at 268.0%, and the ex-dividend date is set for August 26th.
• The company reported a quarterly earnings of $0.78 per share along with revenue of $8.27 million, marking a strong return on equity of 12.91%.

Jeffersonville Bancorp (OTCMKTS:JFBC - Get Free Report) announced a dividend on Thursday, August 21st, investing.com reports. Shareholders of record on Wednesday, August 27th will be paid a dividend of 0.15 per share by the bank on Thursday, September 4th. This represents a dividend yield of 268.0%. The ex-dividend date is Tuesday, August 26th.

Jeffersonville Bancorp Stock Up 0.4%

Shares of JFBC stock traded up $0.08 during trading hours on Friday, reaching $22.20. The company's stock had a trading volume of 200 shares, compared to its average volume of 1,507. The firm's 50 day simple moving average is $21.29 and its 200-day simple moving average is $20.50. The company has a market capitalization of $93.91 million, a price-to-earnings ratio of 7.99 and a beta of 0.17. Jeffersonville Bancorp has a fifty-two week low of $17.75 and a fifty-two week high of $23.00.

Jeffersonville Bancorp (OTCMKTS:JFBC - Get Free Report) last announced its quarterly earnings results on Tuesday, August 12th. The bank reported $0.78 EPS for the quarter. Jeffersonville Bancorp had a return on equity of 12.72% and a net margin of 34.98%.The company had revenue of $8.27 million during the quarter.

About Jeffersonville Bancorp

Jeffersonville Bancorp operates as the bank holding company for Jeff Bank that provides community banking services to individuals, small businesses, and local municipal governments primarily in Sullivan County, New York. The company offers various deposit products, such as checking, money market, savings, and NOW, as well as demand and time deposits.