MetroCity Bankshares, Inc. Declares Quarterly Cash Dividend
Rhea-AI Summary
MetroCity Bankshares, Inc. (NASDAQ: MCBS) has declared a quarterly cash dividend of $0.10 per share on its common stock. The dividend is payable on February 12, 2021 to shareholders of record as of February 3, 2021. This announcement underscores the company's commitment to returning value to its shareholders amid its operations in diverse communities across multiple states, including Alabama, Florida, Georgia, New York, New Jersey, Texas, and Virginia.
Positive
- Quarterly cash dividend of $0.10 per share announced.
- Dividend payment date set for February 12, 2021.
Negative
- None.
News Market Reaction – MCBS
In the trading session that priced this news, MCBS declined 0.95%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
AI-generated analysis. How Rhea-AI works. Not financial advice.
ATLANTA, Jan. 20, 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
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SOURCE MetroCity Bankshares, Inc.