Southside Bancshares (SBSI) Raises Quarterly Dividend 4.3% to $0.24; 3.3% Yield
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Southside Bancshares, Inc. Increases the Cash Dividend and Declares Cash Dividend and Stock Dividend
May 5, 2016 4:30 PM EDTTYLER, Texas, May 05, 2016 (GLOBE NEWSWIRE) -- The Board of Directors of Southside Bancshares, Inc., (NASDAQ: SBSI), parent company of Southside Bank approved an increase to the regular quarterly cash dividend of $0.01 to $0.24 per common share and declared a regular quarterly cash dividend of $0.24 per common share. The cash dividend is payable to common stock shareholders of record May 19, 2016 and is scheduled for payment on June 2, 2016. In a separate motion, the Board of Directors declared a 5% common stock dividend payable to common shareholders of record May 31, 2016. The common stock dividend is scheduled for... More
