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South Plains Financial, Inc. Declares Quarterly Cash Dividend

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South Plains Financial (NASDAQ:SPFI), the parent company of City Bank, has announced a quarterly cash dividend of $0.15 per share of common stock. The dividend will be paid on February 18, 2025, to shareholders of record as of the close of business on February 3, 2025.

South Plains Financial (NASDAQ:SPFI), la società madre di City Bank, ha annunciato un dividendo in contante trimestrale di $0.15 per azione di azioni ordinarie. Il dividendo sarà pagato il 18 febbraio 2025 agli azionisti registrati alla chiusura delle attività il 3 febbraio 2025.

South Plains Financial (NASDAQ:SPFI), la empresa matriz de City Bank, ha anunciado un dividendo en efectivo trimestral de $0.15 por acción de acciones ordinarias. El dividendo se pagará el 18 de febrero de 2025 a los accionistas registrados al cierre del negocio el 3 de febrero de 2025.

South Plains Financial (NASDAQ:SPFI), City Bank의 모회사,가 분기별 현금 배당금으로 주당 $0.15의 보통주 배당금을 발표했습니다. 배당금은 2025년 2월 18일2025년 2월 3일 영업 종료 시점 기준 주주에게 지급됩니다.

South Plains Financial (NASDAQ:SPFI), la société mère de City Bank, a annoncé un dividende en espèces trimestriel de 0,15 $ par action d'actions ordinaires. Le dividende sera payé le 18 février 2025 aux actionnaires ayant droit au paiement à la clôture des opérations le 3 février 2025.

South Plains Financial (NASDAQ:SPFI), die Muttergesellschaft der City Bank, hat eine vierteljährliche Barausschüttung von $0,15 pro Aktie der Stammaktien angekündigt. Die Dividende wird am 18. Februar 2025 an die Aktionäre ausgezahlt, die zum Geschäftsschluss am 3. Februar 2025 registriert sind.

Positive
  • Regular quarterly dividend maintained at $0.15 per share, demonstrating stable shareholder returns
  • Consistent dividend payment indicates strong cash flow position
Negative
  • None.

LUBBOCK, Texas, Jan. 23, 2025 (GLOBE NEWSWIRE) -- South Plains Financial, Inc. (NASDAQ:SPFI) (“South Plains”), the parent company of City Bank, today announced that its Board of Directors has declared a quarterly cash dividend of $0.15 per share of common stock. The dividend is payable on February 18, 2025 to shareholders of record as of the close of business on February 3, 2025.

About South Plains Financial, Inc.

South Plains is the bank holding company for City Bank, a Texas state-chartered bank headquartered in Lubbock, Texas. City Bank is one of the largest independent banks in West Texas and has additional banking operations in the Dallas, El Paso, Greater Houston, the Permian Basin, and College Station, Texas markets, and the Ruidoso, New Mexico market. South Plains provides a wide range of commercial and consumer financial services to small and medium-sized businesses and individuals in its market areas. Its principal business activities include commercial and retail banking, along with investment, trust and mortgage services. Please visit https://www.spfi.bank for more information.

Contact:Mikella Newsom, Chief Risk Officer and Secretary
 investors@city.bank
 
(866) 771-3347
  

Source: South Plains Financial, Inc.


FAQ

What is the dividend amount for SPFI's Q1 2025 payment?

South Plains Financial (SPFI) declared a quarterly cash dividend of $0.15 per share for Q1 2025.

When is the ex-dividend date for SPFI's February 2025 dividend?

Shareholders must be on record by February 3, 2025, to receive the dividend payment.

When will SPFI pay its Q1 2025 dividend?

SPFI will pay the quarterly dividend on February 18, 2025.

What is the annual dividend yield for SPFI based on the Q1 2025 payment?

Based on the quarterly dividend of $0.15 per share, SPFI's annual dividend payment would be $0.60 per share, but the yield depends on the current stock price.

How often does South Plains Financial (SPFI) pay dividends?

SPFI pays dividends on a quarterly basis to its shareholders.

South Plains Financial, Inc.

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