Cantor outlines how to navigate the emerging Bitcoin treasury sector
FRANKLIN, Ind. - Third Century Bancorp (OTCPINK: TDCB), the holding company for Mutual Savings Bank, has declared a dividend of $0.05 per share. The dividend is set for shareholders on record as of March 17, 2025, with the payment date scheduled for April 3, 2025. According to InvestingPro data, the company has maintained dividend payments for 12 consecutive years, with a current dividend yield of 2.19%.
Mutual Savings Bank, established in 1890, is a full-service bank with assets totaling approximately $312 million as of the end of the previous year. With a market capitalization of $10.76 million and a notable 29.32% stock price increase over the past six months, the bank serves customers through its main office located on East Jefferson Street in Franklin, Indiana, and has additional branches in the communities of Trafalgar and Greenwood, Indiana.
This financial move by Third Century Bancorp reflects its ongoing commitment to providing value to its shareholders. Dividends are a way for companies to distribute a portion of their earnings back to their shareholders, and the announcement of such dividends often provides insights into a company’s financial health and management’s confidence in its future profitability. InvestingPro analysis reveals the company maintains profitability with a P/E ratio of 9.95, and subscribers can access additional financial metrics and expert insights about TDCB’s performance.
The declaration of the dividend follows the company’s performance and asset status as reported at the end of the previous year. The payment of dividends is subject to the company’s performance, and the declaration of future dividends will depend on various factors, including the company’s earnings, financial condition, and other relevant considerations as determined by the Board of Directors.
It’s important to note that this information is based on a press release statement from Third Century Bancorp and does not include any additional commentary or speculation regarding the company’s financial strategies or future performance.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.