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Southern States Bancshares, Inc. Announces Quarterly Cash Dividend of $0.09 Per Share

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Southern States Bancshares, Inc. (NASDAQ: SSBK) announced a cash dividend of $0.09 per share, payable on November 16, 2022, to shareholders of record as of November 3, 2022. This decision reflects the company’s ongoing commitment to providing value to its shareholders. Southern States operates through its subsidiary, Southern States Bank, offering various banking services across 13 branches in Alabama and Georgia.

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  • Cash dividend of $0.09 per share announced, demonstrating shareholder value.
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ANNISTON, Ala., Oct. 19, 2022 (GLOBE NEWSWIRE) -- Southern States Bancshares, Inc. (NASDAQ: SSBK) (“Southern States”), the holding company for Southern States Bank, an Alabama state-chartered commercial bank (the “Bank”), today announced that its Board of Directors has declared a cash dividend on its common stock of $0.09 per share. The dividend is payable on November 16, 2022 to shareholders of record as of November 3, 2022.

About Southern States Bancshares, Inc.
Headquartered in Anniston, Alabama, Southern States Bancshares, Inc. is a bank holding company that operates primarily through its wholly-owned subsidiary, Southern States Bank. The Bank is a full-service community banking institution, which offers an array of deposit, loan and other banking-related products and services to businesses and individuals in its communities. The Bank operates 13 branches in Alabama and Georgia and two loan production offices in Atlanta.

Contact Information:
Lynn Joyce
(205) 820-8065
ljoyce@ssbank.bank 

Kevin Dobbs
(310) 622-8245
ssbankir@finprofiles.com 


FAQ

What is the dividend amount declared by Southern States Bancshares (SSBK)?

The dividend amount declared is $0.09 per share.

When will the dividend for SSBK be paid?

The dividend will be paid on November 16, 2022.

What is the record date for the SSBK dividend?

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

How many branches does Southern States Bank operate?

Southern States Bank operates 13 branches in Alabama and Georgia.

Southern States Bancshares, Inc. Common

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Banks - Regional
State Commercial Banks
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United States of America
ANNISTON