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

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Southern States Bancshares declares cash dividend on common stock

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• Southern States Bancshares declares a cash dividend of $0.09 per share on its common stock.

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ANNISTON, Ala., Oct. 19, 2023 (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 17, 2023 to shareholders of record as of November 3, 2023.

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?

Southern States Bancshares has declared a cash dividend of $0.09 per share on its common stock.

When will the dividend be payable?

The dividend will be payable on November 17, 2023.

Who is eligible to receive the dividend?

Shareholders of record as of November 3, 2023, are eligible to receive the dividend.