Great Southern Bancorp, Inc. announces 11% increase in quarterly dividend

Rhea-AI Summary

Great Southern Bancorp (NASDAQ:GSBC) announced a quarterly dividend of $0.40 per share, marking an 11% increase from the previous quarter's dividend of $0.36. This dividend will be payable on July 12, 2022, to shareholders of record on June 27, 2022. This marks the 130th consecutive quarterly dividend paid to common shareholders. With total assets of $5.4 billion, Great Southern provides a wide range of banking services across multiple states with 93 retail banking centers.

Positive

• Dividend increase of 11% from previous quarter.
• 130th consecutive quarterly dividend reflects company stability.
• Total assets of $5.4 billion indicate strong financial position.

Negative

• None.

News Market Reaction – GSBC

+1.38%

+1.38% Session move

In the trading session that priced this news, GSBC gained 1.38%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

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SPRINGFIELD, Mo., June 15, 2022 (GLOBE NEWSWIRE) -- The Board of Directors of Great Southern Bancorp, Inc. (NASDAQ:GSBC), the holding company for Great Southern Bank, declared a $0.40 per common share dividend for the second quarter of the calendar year ending December 31, 2022. This dividend represents an 11% increase from the previous quarter’s dividend of $0.36 per common share.

The dividend will be payable on July 12, 2022, to shareholders of record on June 27, 2022. This dividend represents the 130^th consecutive quarterly dividend paid by the Company to common shareholders.

With total assets of $5.4 billion, Great Southern offers a broad range of banking services to commercial and consumer customers. Headquartered in Springfield, Missouri, the Company operates 93 retail banking centers in Missouri, Iowa, Kansas, Minnesota, Arkansas and Nebraska, and commercial loan production offices in Atlanta; Charlotte, North Carolina; Chicago; Dallas; Denver; Omaha, Nebraska; Phoenix and Tulsa, Oklahoma. Great Southern Bancorp is a public company and its common stock (ticker: GSBC) is listed on the NASDAQ Global Select Market.

www.GreatSouthernBank.com

Reporters May Contact:
Kelly Polonus, Great Southern Bank, (417) 895-5242
kpolonus@greatsouthernbank.com

FAQ

What is the dividend amount declared by Great Southern Bancorp for Q2 2022?

The dividend amount declared is $0.40 per share.

When will the dividend be paid to GSBC shareholders?

The dividend will be payable on July 12, 2022.

What was the previous dividend amount before the increase?

The previous dividend amount was $0.36 per share.

How many consecutive quarterly dividends has GSBC paid?

Great Southern Bancorp has paid 130 consecutive quarterly dividends.