Affinity Bancshares (AFBI) Declares $1.50 Special Dividend; 7.9% Yield

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Affinity Bancshares, Inc. Announces Payment of Special Cash Dividend of $1.50 Per Share

February 27, 2025 6:00 PM EST

COVINGTON, Ga.--(BUSINESS WIRE)-- Affinity Bancshares, Inc. (the Company) (Nasdaq: AFBI), the holding company for Affinity Bank, today announced that its Board of Directors has declared the payment of a special cash dividend. The dividend of $1.50 per share will be paid on March 27, 2025 to stockholders of record as of March 13, 2025.

Edward J. Cooney, President and Chief Executive Officer of the Company, stated We recorded a solid level of net income for the year ended December 31, 2024, despite the expenses we incurred in connection with the terminated transaction with Atlanta Postal Credit Union, which... More