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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 February 15, 2022 to shareholders on record as of February 3, 2022. This decision reflects the company's ongoing commitment to return value to its shareholders. Southern States Bancshares, based in Anniston, Alabama, operates through Southern States Bank, offering a range of financial services with 15 branches in Alabama and Georgia.

Positive
  • Declared a cash dividend of $0.09 per share, indicating strong cash flow and shareholder return.
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  • None.

ANNISTON, Ala., Jan. 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 February 15, 2022 to shareholders of record as of February 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 15 branches in Alabama and Georgia and a loan production office in Atlanta.

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

Matthew Keating
(310) 622-8230
ssbankir@finprofiles.com


FAQ

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

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

When will Southern States Bancshares (SSBK) pay the dividend?

The dividend will be payable on February 15, 2022.

What is the record date for the dividend from Southern States Bancshares (SSBK)?

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

How many branches does Southern States Bank operate?

Southern States Bank operates 15 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