MetroCity Bankshares, Inc. Declares Quarterly Cash Dividend

Rhea-AI Summary

MetroCity Bankshares, Inc. (MCBS) declares a quarterly cash dividend of $0.20 per share on its common stock, payable on May 10, 2024. Shareholders of record as of May 1, 2024, will receive the dividend.

Positive

• MetroCity Bankshares, Inc. (MCBS) declares a quarterly cash dividend of $0.20 per share.
• The dividend is payable on May 10, 2024, to shareholders of record as of May 1, 2024.

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• None.

ATLANTA, April 17, 2024 /PRNewswire/ -- MetroCity Bankshares, Inc. (NASDAQ: MCBS) announced today that its board of directors declared a quarterly cash dividend of $0.20 per share on its common stock. The cash dividend is payable on May 10, 2024 to shareholders of record as of May 1, 2024.

About MetroCity Bankshares, Inc.

MetroCity Bankshares, Inc. is a Georgia corporation and a bank holding company for its wholly-owned banking subsidiary, Metro City Bank, which is headquartered in the Atlanta metropolitan area. Metro City Bank currently operates 20 full-service branch locations in multi-ethnic communities in Alabama, Florida, Georgia, New York, New Jersey, Texas and Virginia. To learn more about Metro City Bank, visit www.metrocitybank.bank.

Contact Information
Farid Tan
770-455-4978
faridtan@metrocitybank.bank

Lucas Stewart
678-580-6414
lucasstewart@metrocitybank.bank

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SOURCE MetroCity Bankshares, Inc.

FAQ

When is MetroCity Bankshares, Inc. (MCBS) paying its quarterly cash dividend?

MetroCity Bankshares, Inc. (MCBS) is paying its quarterly cash dividend on May 10, 2024.

How much is the quarterly cash dividend declared by MetroCity Bankshares, Inc. (MCBS)?

The quarterly cash dividend declared by MetroCity Bankshares, Inc. (MCBS) is $0.20 per share.

Who will receive the quarterly cash dividend from MetroCity Bankshares, Inc. (MCBS)?

Shareholders of record as of May 1, 2024, will receive the quarterly cash dividend from MetroCity Bankshares, Inc. (MCBS).