Citizens Holding Company Announces Cash Dividend

Rhea-AI Summary

Citizens Holding Company (NASDAQ:CIZN) declared a cash dividend of $0.24 per share, scheduled for payment on December 30, 2022. Shareholders of record as of December 16, 2022 will receive this dividend, bringing the total for 2022 to $0.96 per share. The company operates The Citizens Bank of Philadelphia, with 28 locations across 14 counties in Mississippi, providing a range of banking and financial services.

Positive

• Cash dividend of $0.24 per share enhances shareholder value.
• Total dividend for 2022 reaches $0.96 per share.

Negative

• None.

PHILADELPHIA, Miss.--(BUSINESS WIRE)-- Citizens Holding Company (NASDAQ:CIZN) announced today that its Board of Directors declared a cash dividend of $0.24 per share payable December 30, 2022, to shareholders of record as of December 16, 2022.

“Today we are announcing our fourth quarter 2022 dividend of $0.24 per share,” said Greg L. McKee, President and Chief Executive Officer. “This dividend will bring the total dividend for 2022 to $0.96 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 affiliate, 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/20221128005675/en/

Citizens Holding Company, Philadelphia

Phillip R. Branch, 601/656-4692

Phillip.branch@thecitizensbank.bank

Source: Citizens Holding Company

FAQ

What is the dividend amount declared by Citizens Holding Company?

The declared dividend amount is $0.24 per share.

When is the dividend for Citizens Holding Company payable?

The dividend is payable on December 30, 2022.

What is the total dividend for Citizens Holding Company in 2022?

The total dividend for 2022 is $0.96 per share.

Who are the shareholders eligible for the dividend from Citizens Holding Company?

Shareholders of record as of December 16, 2022, are eligible for the dividend.