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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), based in Anniston, Alabama, has declared a cash dividend of $0.09 per share on its common stock. This dividend will be paid on May 16, 2023, to shareholders on record as of May 3, 2023. The company operates primarily through its wholly-owned subsidiary, Southern States Bank, which provides various banking services through its branches in Alabama and Georgia.

Positive
  • Declared a cash dividend of $0.09 per share for shareholders.
  • Dividend payment date set for May 16, 2023.
  • Company operates 13 branches, enhancing its market presence.
Negative
  • None.

ANNISTON, Ala., April 20, 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 May 16, 2023 to shareholders of record as of May 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 for SSBK?

Southern States Bancshares has declared a dividend of $0.09 per share.

When is the dividend payment date for SSBK?

The dividend will be paid on May 16, 2023.

Who is eligible for the dividend payment from SSBK?

Shareholders of record as of May 3, 2023, are eligible.

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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327.78M
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0.38%
Banks - Regional
State Commercial Banks
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United States of America
ANNISTON