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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 $0.10 per share on its common stock. The dividend is payable on February 12, 2021 to shareholders of record as of February 3, 2021. This announcement underscores the company's commitment to returning value to its shareholders amid its operations in diverse communities across multiple states, including Alabama, Florida, Georgia, New York, New Jersey, Texas, and Virginia.

Positive
  • Quarterly cash dividend of $0.10 per share announced.
  • Dividend payment date set for February 12, 2021.
Negative
  • None.

ATLANTA, Jan. 20, 2021 /PRNewswire/ -- MetroCity Bankshares, Inc. (NASDAQ: MCBS) announced today that its board of directors declared a quarterly cash dividend of $0.10 per share on its common stock. The cash dividend is payable on February 12, 2021 to shareholders of record as of February 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:http://www.prnewswire.com/news-releases/metrocity-bankshares-inc-declares-quarterly-cash-dividend-301212030.html

SOURCE MetroCity Bankshares, Inc.

FAQ

What is the dividend amount declared by MetroCity Bankshares?

MetroCity Bankshares has declared a cash dividend of $0.10 per share.

When will the dividend be paid to shareholders?

The dividend will be paid on February 12, 2021.

What is the record date for the dividend payment?

The record date for the dividend payment is February 3, 2021.

How does the dividend impact MetroCity Bankshares' shareholders?

The dividend reflects the company's commitment to returning value to shareholders.

METROCITY BANKSHARES INC

NASDAQ:MCBS

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