Southside Bancshares (SBSI) Declares $0.23 Quarterly Dividend; 3.2% Yield

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Southside Bancshares, Inc. Declares Cash Dividend

November 6, 2015 10:39 AM EST

TYLER, Texas, Nov. 06, 2015 (GLOBE NEWSWIRE) -- The Board of Directors of Southside Bancshares, Inc., (NASDAQ: SBSI), parent company of Southside Bank declared a regular quarterly cash dividend of $0.23 per common share.  In a separate action the Board declared a special cash dividend for 2015 of $0.08 per common share in addition to declaring a regular quarterly cash dividend of $0.23 per common share.  The cash dividend is payable to common stock shareholders of record November 19, 2015.  The cash dividend is scheduled for payment on December 3, 2015.

The special dividend is reflective of another successful year for Southside, stated Sam Dawson,... More