MetroCity Bankshares, Inc. Declares Quarterly Cash Dividend
Rhea-AI Summary
MetroCity Bankshares, Inc. (NASDAQ: MCBS) declared a quarterly cash dividend of $0.12 per share on July 21, 2021. This dividend will be paid on August 12, 2021 to shareholders on record as of August 3, 2021. The bank operates 19 full-service branches across multiple states, including Alabama, Florida, Georgia, New York, New Jersey, Texas, and Virginia, serving diverse communities. This announcement reflects the bank's commitment to returning value to shareholders.
Positive
- Quarterly cash dividend of $0.12 per share declared.
- Dividend payment reinforces the company's commitment to shareholders.
Negative
- None.
News Market Reaction – MCBS
On the day this news was published, MCBS gained 1.28%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
ATLANTA, July 21, 2021 /PRNewswire/ -- MetroCity Bankshares, Inc. (NASDAQ: MCBS) announced today that its board of directors declared a quarterly cash dividend of
About MetroCity Bankshares, Inc.
MetroCity Bankshares, Inc. is a Georgia corporation and a bank holding company for its wholly-owned banking subsidiary, Metro City Bank, which is headquartered in the Atlanta metropolitan area. Metro City Bank currently operates 19 full-service branch locations in multi-ethnic communities in Alabama, Florida, Georgia, New York, New Jersey, Texas and Virginia. To learn more about Metro City Bank, visit www.metrocitybank.bank.
Contact Information
Farid Tan
770-455-4978
faridtan@metrocitybank.bank
Lucas Stewart
678-580-6414
lucasstewart@metrocitybank.bank
View original content to download multimedia:https://www.prnewswire.com/news-releases/metrocity-bankshares-inc-declares-quarterly-cash-dividend-301338855.html
SOURCE MetroCity Bankshares, Inc.