Affinity Bancshares, Inc. announced that its Board of Directors has declared a special cash dividend of $1.50 per share. This dividend will be paid on March 27, 2025, to stockholders of record as of March 13, 2025.
Edward J. Cooney, President and Chief Executive Officer, stated that the dividend reflects the solid level of net income recorded for the year ended December 31, 2024. This was achieved despite expenses incurred in connection with the terminated transaction with Atlanta Postal Credit Union.
The special dividend demonstrates the company's stability and resilience, as well as its commitment to delivering stockholder value. This action provides a direct return to shareholders and signals confidence in the company's financial position.
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