First South Bancorp (FSBK) Declares $0.03 Quarterly Dividend; 1.2% Yield
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First South Bancorp, Inc. Declares Quarterly Cash Dividend
October 21, 2016 9:45 AM EDTWASHINGTON, N.C., Oct. 21, 2016 /PRNewswire/ -- First South Bancorp, Inc. (NASDAQ: FSBK) (the "Company"), the parent holding company of First South Bank (the "Bank"), reports that on October 20, 2016 the Company's Board of Directors declared a quarterly cash dividend of $0.03 per share, payable November 18, 2016, to shareholders of record as of the close of business on November 3, 2016.Â
This dividend payment represents a payout ratio of 15.0% of diluted earnings per share for the quarter ended September 30, 2016, and is the Company's eleventh consecutive quarterly cash dividend. Inclusive of this quarterly... More
