SHEPHERDSTOWN, W.Va.--(BUSINESS WIRE)--President and CEO of Jefferson Security Bank (OTCBB: JFWV), K. Stephen Morris, announced the Board of Directors’ decision to begin quarterly dividend payments in 2014. This is a change from previously issued semiannual dividend payments. At their March 19, 2014 meeting, the Board of Directors approved a quarterly dividend in the amount of $0.30 per share, payable on April 23, 2014 to shareholders of record on April 9, 2014.
Jefferson Security Bank, founded in 1869, is a community bank engaged in the general banking business in Berkeley County and Jefferson County, West Virginia, and Washington County, Maryland.
This press release may contain forward-looking statements, as defined by federal securities laws, which may involve significant risks and uncertainties. The statements are based on estimates and assumptions made by management in conjunction with other factors deemed appropriate under the circumstances. Actual results could differ materially from current projections.
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