MetroCity Bankshares, Inc. Declares Quarterly Cash Dividend

Rhea-AI Summary

MetroCity Bankshares, Inc. (NASDAQ: MCBS) has declared a quarterly cash dividend of $0.18 per share on its common stock. This dividend is payable on February 10, 2023, to shareholders of record as of February 1, 2023. The announcement reflects the company’s commitment to returning value to its shareholders amid its operations across multiple states including Georgia, Alabama, Florida, Texas, and New Jersey.

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ATLANTA, Jan. 18, 2023 /PRNewswire/ -- MetroCity Bankshares, Inc. (NASDAQ: MCBS) announced today that its board of directors declared a quarterly cash dividend of $0.18 per share on its common stock. The cash dividend is payable on February 10, 2023 to shareholders of record as of February 1, 2023.

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 

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SOURCE MetroCity Bankshares, Inc.

FAQ

When is the dividend payment date for MetroCity Bankshares?

The dividend payment date for MetroCity Bankshares is February 10, 2023.

What is the amount of the dividend declared by MetroCity Bankshares?

MetroCity Bankshares declared a dividend of $0.18 per share.

What is the record date for the dividend payment from MetroCity Bankshares?

The record date for the dividend payment from MetroCity Bankshares is February 1, 2023.