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 June 30, 2021, to shareholders of record as of June 18, 2021. This announcement marks the second quarter dividend for 2021, bringing the total for the year to $0.48 per share. Headquartered in Philadelphia, Mississippi, Citizens Holding Company operates The Citizens Bank of Philadelphia, with 28 banking locations across 14 counties. The company provides various banking services, including mortgage loans and internet banking.

Positive

• Declaration of a cash dividend of $0.24 per share enhances shareholder income.
• Total dividend for 2021 reaches $0.48 per share, indicating company confidence in financial stability.

Negative

• None.

Citizens Holding Company (NASDAQ:CIZN) announced today that its Board of Directors declared a cash dividend of $0.24 per share payable June 30, 2021, to shareholders of record as of June 18, 2021.

“Today we are announcing our second 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 $0.48 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/20210610006000/en/

FAQ

What is the dividend amount for CIZN in 2021?

The dividend amount for 2021 is $0.48 per share.

When is the dividend for CIZN payable?

The dividend is payable on June 30, 2021.

What is the record date for CIZN's dividend?

The record date for the dividend is June 18, 2021.

How many banking locations does Citizens Holding Company operate?

Citizens Holding Company operates 28 banking locations.

Where is Citizens Holding Company headquartered?

Citizens Holding Company is headquartered in Philadelphia, Mississippi.