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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 $0.15 per share on its common stock. This dividend is payable on August 12, 2022, to shareholders of record as of August 3, 2022. The bank operates 19 branches across several states, including Alabama, Florida, Georgia, New York, New Jersey, Texas, and Virginia, serving multi-ethnic communities. This distribution reflects the company's ongoing commitment to returning value to its shareholders.

Positive
  • Quarterly cash dividend of $0.15 per share declared.
  • Dividend payable on August 12, 2022, providing immediate income for shareholders.
Negative
  • None.

ATLANTA, July 20, 2022 /PRNewswire/ -- MetroCity Bankshares, Inc. (NASDAQ: MCBS) announced today that its board of directors declared a quarterly cash dividend of $0.15 per share on its common stock. The cash dividend is payable on August 12, 2022 to shareholders of record as of August 3, 2022.

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-301590411.html

SOURCE MetroCity Bankshares, Inc.

FAQ

What is the dividend amount declared by MetroCity Bankshares, Inc.?

MetroCity Bankshares, Inc. declared a quarterly cash dividend of $0.15 per share.

When is the dividend payable for MCBS?

The dividend is payable on August 12, 2022.

What is the record date for the dividend from MetroCity Bankshares?

The record date for the dividend is August 3, 2022.

How many branches does Metro City Bank operate?

Metro City Bank operates 19 full-service branch locations.

In which states does Metro City Bank operate?

Metro City Bank operates in Alabama, Florida, Georgia, New York, New Jersey, Texas, and Virginia.

METROCITY BANKSHARES INC

NASDAQ:MCBS

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