Great Southern Bancorp Declares Quarterly Dividend
The Board of Directors at Great Southern Bancorp, Inc. (NASDAQ: GSBC) has officially declared a quarterly dividend of $0.40 per common share for the third quarter. This action reflects the company’s ongoing dedication to providing value for its shareholders. Great Southern Bank, which operates as this holding company, boasts a proud history of issuing reliable dividends. This marks the 139th consecutive quarter in which they have made such a payment.
Details on the Dividend and Schedule for Shareholders
The next dividend will be paid out on October 15 to those stockholders who are on record as of September 30. This distribution not only emphasizes Great Southern Bancorp's financial stability but also its commitment to its investors.
Overview of the Company and Its Financial Position
Great Southern Bancorp holds a solid asset portfolio valued at $6.0 billion, positioning it strongly within the banking sector. It provides a wide range of services aimed at both commercial and consumer clients. The company operates 89 retail banking centers across a number of states, including Missouri, Iowa, Kansas, Minnesota, Arkansas, and Nebraska. In addition, they have commercial loan production offices located in key cities like Atlanta, Charlotte, Chicago, Dallas, Denver, Omaha, and Phoenix.
The Importance of This Dividend
The regular dividend payments reinforce the effective management and strategic financial practices that Great Southern Bancorp employs. This reliability serves as a powerful incentive for both existing and potential investors, showcasing the company’s stability even amidst market fluctuations.
Effects on Shareholders
For shareholders, receiving this quarterly dividend is a clear indication of the company's strong performance and its commitment to sharing profits with investors. It adds significant value to owning shares, making Great Southern Bancorp a compelling choice for income-focused investors.
Future Outlook
As Great Southern Bancorp continues to navigate challenges in the banking industry, its ongoing commitment to maintaining dividend payouts, combined with strategic growth plans, will likely enhance shareholder trust and investment. Their focus on expanding service locations and improving financial offerings positions the company well for future advancements.
Frequently Asked Questions
What is the declared dividend amount for Great Southern Bancorp?
The declared dividend amount for Great Southern Bancorp is $0.40 per common share.
When will the dividend be paid?
The dividend will be paid on October 15 to shareholders on record as of September 30.
How many consecutive dividends has Great Southern Bancorp paid?
This dividend marks the 139th consecutive quarterly dividend paid by Great Southern Bancorp.
In which states does Great Southern Bank operate?
Great Southern Bank operates in Missouri, Iowa, Kansas, Minnesota, Arkansas, and Nebraska.
What is the ticker symbol of Great Southern Bancorp on NASDAQ?
The ticker symbol of Great Southern Bancorp on NASDAQ is GSBC.