Southern National Bancorp (SONA) Declares $0.08 Quarterly Dividend; 2.7% Yield

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Southern National Bancorp of Virginia Inc. Reports Record Earnings of $2.5 Million for the Second Quarter and $4.5 Million for the First Half of 2015, Increases of 39.2% and 30.9%, Respectively, and S

July 23, 2015 3:30 PM EDT

MCLEAN, Va., July 23, 2015 (GLOBE NEWSWIRE) -- Southern National Bancorp of Virginia Inc. (NASDAQ: SONA), the holding company for Sonabank, announced today that net income for the quarter ended June 30, 2015 was $2.5 million and $4.5 million for the first half of 2015. That compares to $1.8 million and $3.4 million for the three and six months ended June 30, 2014.

The Board of Directors declared a dividend of $.08 per share payable August 21, 2015 to shareholders of record on August 10, 2015. This was Southern National's fifteenth consecutive quarterly dividend. Based on SONA's average stock price for the quarter ended June 30, 2015, that is an... More