Citizens Holding Company Announces Cash Dividend

Rhea-AI Summary

Citizens Holding Company (NASDAQ:CIZN) has declared a cash dividend of $0.24 per share, payable on March 31, 2021, to shareholders recorded as of March 17, 2021. This marks the first quarter 2021 dividend and totals $0.24 for the year. The company operates as a one-bank holding company, with 28 locations across 14 counties in Mississippi, providing comprehensive banking and financial services. Investors can find additional information about the company at www.citizensholdingcompany.com.

Positive

• Declared a cash dividend of $0.24 per share for Q1 2021.
• Total dividend for 2021 equates to $0.24 per share.

Negative

• None.

Citizens Holding Company (NASDAQ:CIZN) announced today that its Board of Directors declared a cash dividend of $0.24 per share payable March 31, 2021, to shareholders of record as of March 17, 2021.

“Today we are announcing our first quarter 2021 dividend of $0.24 per share,” said Greg L. McKee, President and Chief Executive Officer. “This dividend will bring the total dividend for 2021 to $0.24 per share of common stock.”

Citizens Holding Company is a one-bank holding company and the parent company of The Citizens Bank of Philadelphia, both headquartered in Philadelphia, Mississippi. The Bank currently has twenty-eight banking locations in fourteen counties throughout the state of Mississippi. In addition to full service commercial banking, the Company offers mortgage loans, title insurance services through its subsidiary, Title Services, LLC and a full range of Internet banking services including online banking, bill pay and cash management services for businesses. Internet services are available at the Bank web site, www.thecitizensbankphila.com. Citizens Holding Company stock is listed on the NASDAQ Global Market and is traded under the symbol CIZN. The Company's transfer agent is American Stock Transfer & Trust Company. Investor relations information may be obtained at the corporate website, www.citizensholdingcompany.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210226005546/en/

FAQ

What is the dividend amount for CIZN in 2021?

The dividend amount for CIZN in 2021 is $0.24 per share.

When is the dividend payment date for Citizens Holding Company?

The dividend payment date for Citizens Holding Company is March 31, 2021.

What are the record dates for the dividend of CIZN?

The record date for the dividend of CIZN is March 17, 2021.

Is the dividend for CIZN sustainable?

The press release does not provide specific information regarding the sustainability of the dividend.

How many banking locations does Citizens Holding Company operate?

Citizens Holding Company operates 28 banking locations in 14 counties throughout Mississippi.