John Marshall Bancorp, Inc. Announces Annual Cash Dividend, Payable on July 6, 2023
April 24, 2023 at 06:30 pm IST
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John Marshall Bancorp, Inc. announced that its Board of Directors has declared an annual cash dividend of $0.22 per outstanding share of common stock. The dividend will be payable on July 6, 2023, to shareholders of record as of the close of business on June 27, 2023. This per share amount reflects a 10.0% increase over the special cash dividend declared in 2022 and will result in aggregate dividend payments of approximately $3.1 million to the Company's shareholders in the third quarter of 2023.
John Marshall Bancorp, Inc. is the bank holding company for John Marshall Bank (the Bank). The Bank primarily serves small to medium-sized businesses, their owners and employees, professional corporations, non-profits, and individuals with a range of banking products and financial services. Its products and services include commercial checking, savings, and money market accounts, certificates of deposit, treasury and cash management services, commercial and industrial loans, commercial real estate loans, residential and commercial construction and development loans, online banking, and mobile banking. It has approximately eight full-service branches located in Alexandria, Arlington, Loudoun, Prince William, Reston, and Tysons, Virginia, as well as Rockville, Maryland, and Washington, D.C., with one loan production office in Arlington, Virginia. It is also providing personalized service and convenience to local businesses and professionals in the Washington, D.C. metropolitan area.
JOHN MARSHALL BANCORP, INC. 
