Jeffersonville Bancorp (OTCMKTS:JFBC) Announces 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) declared a dividend on Thursday, August 21st, investing.com reports. Investors 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 yield of 268.0%. The ex-dividend date is Tuesday, August 26th.

Jeffersonville Bancorp Trading Down 1.3%

OTCMKTS JFBC traded down $0.28 on Tuesday, hitting $21.92. 215 shares of the company were exchanged, compared to its average volume of 1,291. The firm has a 50 day moving average of $21.31 and a two-hundred day moving average of $20.50. The company has a market cap of $92.72 million, a P/E ratio of 7.88 and a beta of 0.17. Jeffersonville Bancorp has a 1-year low of $17.75 and a 1-year high of $23.00.

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

Jeffersonville Bancorp Company Profile

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.