Texas Community Bancshares, Inc. Announces Quarterly Cash Dividend, Payable on or About June 28, 2024
May 21, 2024 at 05:45 pm EDT
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Texas Community Bancshares, Inc. announced that its Board of Directors has declared the payment of a quarterly cash dividend in the amount of $0.04 per share of common stock. The dividend will be payable on or about June 28, 2024 to stockholders of record as of the close of business on June 14, 2024.
Texas Community Bancshares, Inc. is a holding company for Broadstreet Bank, SSB (the Bank). The Bank is a Texas-chartered savings bank. The Bankâs business consists primarily of taking deposits from the general public and investing those deposits, together with funds generated from operations and borrowings from the Federal Home Loan Bank of Dallas, in residential real estate loans and commercial real estate loans and, to a lesser extent, commercial loans, construction and land loans, and consumer and other loans. It also invests in securities which have historically consisted primarily of mortgage-backed securities and obligations issued by the United States government-sponsored enterprises and others, state and municipal securities, collateralized mortgage obligations, corporate bonds, and Federal Home Loan Bank stock. It offers a variety of deposit accounts, including checking accounts, money market accounts, savings accounts and certificates of deposit accounts.