Absecon Bancorp announced that its Board of Directors authorized a cash dividend in the amount ofá$2.20áper share on November 22, 2022. As part of the capital management plan, the announcement of an annual cash dividend ofá$2.20áper share represents a total dividend payment of $243,251.80 based on 110,569 shares outstanding as ofáNovember 22, 2022. The annual cash dividend ofá$2.20áper share is payable on January 20, 2023 to stockholders of record holding shares of common stock at the close of business on December 30, 2022.