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MetroCity Bankshares, Inc. Declares Quarterly Cash Dividend

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MetroCity Bankshares, Inc. (NASDAQ: MCBS) has declared a quarterly cash dividend of $0.14 per share, payable on November 12, 2021. Shareholders on record as of November 3, 2021, will receive this dividend. The company operates 19 branches across various states, including Georgia, Texas, and New York, aiming to serve multi-ethnic communities. This announcement reflects the bank's commitment to returning value to its investors.

Positive
  • Quarterly cash dividend of $0.14 per share, indicating a commitment to shareholder returns.
Negative
  • None.

ATLANTA, Oct. 20, 2021 /PRNewswire/ -- MetroCity Bankshares, Inc. (NASDAQ: MCBS) announced today that its board of directors declared a quarterly cash dividend of $0.14 per share on its common stock. The cash dividend is payable on November 12, 2021 to shareholders of record as of November 3, 2021.

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 19 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

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/metrocity-bankshares-inc-declares-quarterly-cash-dividend-301405066.html

SOURCE MetroCity Bankshares, Inc.

FAQ

What is the dividend amount declared by MetroCity Bankshares (MCBS)?

MetroCity Bankshares has declared a dividend of $0.14 per share.

When is the dividend payment date for MetroCity Bankshares (MCBS)?

The dividend is payable on November 12, 2021.

What is the record date for the dividend for MetroCity Bankshares (MCBS)?

The record date for the dividend is November 3, 2021.

METROCITY BANKSHARES INC

NASDAQ:MCBS

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