ANNISTON, Ala. - Southern States Bancshares, Inc. (NASDAQ:SSBK), the parent company of Southern States Bank, announced on Wednesday that its Board of Directors has approved a cash dividend of $0.09 per share. The dividend is scheduled to be paid on February 15, 2024, to shareholders who are on record as of February 2, 2024.
Southern States Bancshares operates as a bank holding company primarily through its wholly-owned subsidiary, Southern States Bank. The bank serves as a full-service community banking institution, providing a variety of banking services including deposit accounts, loans, and other financial products to individuals and businesses within its markets.
The bank maintains a network of 13 branches across Alabama and Georgia, in addition to two loan production offices in Atlanta. This announcement of the dividend follows the company's ongoing efforts to deliver value to its shareholders.
This cash dividend announcement is based on a press release statement from Southern States Bancshares, Inc.
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