WALDORF, Md., Sept. 28, 2022 (GLOBE NEWSWIRE) — The Community Financial Corporation (NASDAQ: TCFC) (the “Company”) introduced at this time that its Board of Directors has declared a quarterly money dividend of $0.175 per share of frequent inventory. The dividend will likely be paid on or about October 21, 2022 to stockholders of report as of the shut of business on October 11, 2022.
The Community Financial Corporation is the financial institution holding firm for Community Bank of the Chesapeake, which conducts business by means of its principal workplace in Waldorf, Maryland, and department places of work in Bryans Road, California, Charlotte Hall, Dunkirk, La Plata, Leonardtown, Lusby, Prince Frederick and Waldorf, Maryland and Fredericksburg, Virginia.
Forward-looking Statements – This information launch accommodates forward-looking statements inside the which means of the federal securities legal guidelines. Forward-looking statements can typically be recognized by the truth that they don’t relate strictly to historic or present info. They typically embody phrases like “believe,” “expect,” “anticipate,” “estimate” and “intend” or future or conditional verbs similar to “will,” “would,” “should,” “could” or “may.” Statements on this launch that aren’t strictly historic are forward-looking and are based mostly upon present expectations that will differ materially from precise outcomes. These forward-looking statements contain dangers and uncertainties that might trigger precise outcomes to vary materially from these anticipated by the statements made herein. These dangers and uncertainties contain normal financial developments, modifications in earnings, modifications in rates of interest, lack of deposits and mortgage demand to different monetary establishments, substantial modifications in monetary markets, modifications in actual property worth and the actual property market, regulatory modifications, chance of unexpected occasions affecting the trade typically, the uncertainties related to newly developed or acquired operations, the end result of pending litigation, and market disruptions and different results of terrorist actions. The Company undertakes no obligation to replace these forward-looking statements to replicate occasions or circumstances after the date hereof or to replicate the prevalence of unexpected occasions, besides as required below the principles and rules of the Securities and Exchange Commission.
|CONTACT:||James M. Burke|
|Chief Executive Officer|