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

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Southern States Bancshares (NASDAQ: SSBK) declared a cash dividend of $0.09 per share, payable on May 16, 2022, to shareholders of record as of May 4, 2022. The company operates through its subsidiary, Southern States Bank, providing a range of banking products and services in Alabama and Georgia, with 15 branches and a loan production office in Atlanta. This dividend declaration reflects the company's ongoing commitment to returning value to its shareholders.

Positive
  • Dividend declaration of $0.09 per share.
  • Reflects commitment to shareholder value.
Negative
  • None.

ANNISTON, Ala., April 20, 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 May 16, 2022 to shareholders of record as of May 4, 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

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


FAQ

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

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

When will the dividend be paid to shareholders of SSBK?

The dividend will be paid on May 16, 2022.

What is the record date for the SSBK dividend?

The record date for the dividend is May 4, 2022.

How often does Southern States Bancshares (SSBK) pay dividends?

The press release does not specify the frequency of dividend payments.

Southern States Bancshares, Inc. Common

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Banks - Regional
State Commercial Banks
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United States of America
ANNISTON