ABSECON, N.J., Nov. 28, 2023 (GLOBE NEWSWIRE) -- Absecon Bancorp (the "Company") (OTC, trading as ASCN), the bank holding company of First National Bank of Absecon, an Atlantic County New Jersey based community bank, announced today that its Board of Directors authorized a cash dividend in the amount of $3.00 per share on November 22, 2023. The annual cash dividend of $3.00 per share is payable on January 20, 2024 to stockholders of record holding shares of common stock at the close of business on December 29, 2023.
C. Eric Gaupp, Vice Chairman President and CEO of Absecon Bancorp stated, "The Board of Directors and management are gratified to ...