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Southern States Bancshares Declares $0.09 Dividend for Shareholders

Southern States Bancshares Declares $0.09 Dividend for Shareholders

Southern States Bancshares, Inc. Declares a Quarterly Dividend

Southern States Bancshares, Inc. (NASDAQ: SSBK), the parent company of Southern States Bank, has recently made an important announcement regarding its shareholder returns. The Board of Directors has declared a cash dividend of $0.09 per share on its common stock. This dividend reflects the company’s ongoing commitment to providing value to its investing community.

Dividend Payment Details

The declared dividend will be payable on a designated date, reaffirming the company’s dedication to rewarding its shareholders. With this approach, Southern States Bancshares ensures that those who own shares in the company are recognized for their investment. Shareholders of record can expect to see this dividend credited to their accounts soon after the payment date.

Overview of Southern States Bancshares, Inc.

About the Company

Southern States Bancshares operates through its main subsidiary, Southern States Bank, providing a variety of banking services. These services include deposits, loans, and additional banking products tailored for both businesses and individuals.

Strong Community Presence

With a network of fifteen branches in its region, Southern States Bancshares focuses on fostering strong community relationships. The Bank’s commitment to customer service and community investment has positioned it as a reliable banking institution in the Alabama and Georgia areas.

Product and Service Offerings

At Southern States Bank, customers can access an array of financial services designed to meet their everyday needs. The Bank offers comprehensive financial solutions that cater to both individuals and businesses. From personal banking services like checking and savings accounts to a variety of loan options, Southern States Bank aims to deliver tailored banking experiences.

Contact Information for Inquiries

For those interested in learning more about Southern States Bancshares, key contacts within the company are available. Lynn Joyce and Margaret Boyce are the primary contacts for any further inquiries regarding shareholder concerns or press information. Reach out to Lynn at (205) 820-8065 or via email at ljoyce@ssbank.bank. Alternatively, Margaret can be contacted at (310) 622-8247 or at ssbankir@finprofiles.com.

Frequently Asked Questions

What is the dividend amount declared by Southern States Bancshares?

The company declared a cash dividend of $0.09 per share on its common stock.

When will the dividend be payable?

The dividend is set to be payable soon after the declared payment date, benefiting shareholders of record as specified.

Where is Southern States Bank primarily located?

Southern States Bank has fifteen branches situated in Alabama and Georgia, providing focused community banking services.

What types of products does Southern States Bank offer?

The Bank offers a wide array of financial products including deposits, loans, and various banking-related services for individuals and businesses.

Who can I contact for more information?

You can contact Lynn Joyce at (205) 820-8065 or email ljoyce@ssbank.bank for more details about the company and its services.

About The Author

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The content of this article is based on factual, publicly available information and does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice, and the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. This article should not be considered advice to purchase, sell, or hold any securities or other investments. If any of the material provided here is inaccurate, please contact us for corrections.

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