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Southern States Bancshares, Inc. Announces Quarterly Cash Dividend of $0.09 per Share

Southern States Bancshares (NASDAQ: SSBK) has announced a quarterly cash dividend of $0.09 per share on its common stock.

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Rhea-AI Summary

Southern States Bancshares (NASDAQ: SSBK) has announced a quarterly cash dividend of $0.09 per share on its common stock. The dividend will be paid on May 12, 2025 to shareholders who are recorded as stockholders as of May 1, 2025. The announcement comes from the holding company of Southern States Bank, an Alabama state-chartered commercial bank.

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Positive

  • Regular quarterly dividend payment indicates stable cash flow
  • Continued commitment to shareholder returns
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The recorded move for SSBK in the trading session of this news was +0.77%.

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ANNISTON, Ala., April 17, 2025 (GLOBE NEWSWIRE) -- Southern States Bancshares, Inc. (NASDAQ: SSBK) (“Southern States”), the holding company for Southern States Bank, an Alabama state-chartered commercial bank (the “Bank”), today announced that its Board of Directors has declared a cash dividend on its common stock of $0.09 per share. The dividend is payable on May 12, 2025 to shareholders of record as of May 1, 2025.

About Southern States Bancshares, Inc.

Headquartered in Anniston, Alabama, Southern States Bancshares, Inc. is a bank holding company that operates primarily through its wholly-owned subsidiary, Southern States Bank. The Bank is a full-service community banking institution, which offers an array of deposit, loan and other banking-related products and services to businesses and individuals in its communities. The Bank operates fifteen branches in Alabama and Georgia and two loan production offices in Atlanta.

Contact Information:

Lynn Joyce
(205) 820-8065
ljoyce@ssbank.bank

Margaret Boyce
(310) 622-8247
ssbankir@finprofiles.com


FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

When is Southern States Bancshares (SSBK) paying its next dividend?

Southern States Bancshares will pay its dividend on May 12, 2025 to shareholders of record as of May 1, 2025.

How much is the SSBK quarterly dividend payment for Q2 2025?

The quarterly dividend payment is $0.09 per share of common stock.

What is the record date for Southern States Bancshares' Q2 2025 dividend?

The record date for SSBK's dividend is May 1, 2025.

How often does Southern States Bancshares (SSBK) pay dividends?

Based on this announcement, SSBK pays dividends on a quarterly basis.

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