Southside Bancshares (SBSI) Raises Quarterly Dividend 3.1% to $0.33; 3.1% Yield

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Southside Bancshares, Inc. Increases and Declares Cash Dividend

May 6, 2021 4:30 PM EDT

TYLER, Texas, May 06, 2021 (GLOBE NEWSWIRE) -- The Board of Directors of Southside Bancshares, Inc., (NASDAQ: SBSI), parent company of Southside Bank, approved a 3.1% increase to the regular quarterly cash dividend of $0.01, to $0.33 per common share and declared a regular quarterly cash dividend of $0.33 per common share. The cash dividend is scheduled for payment on June 3, 2021, to common stock shareholders of record on May 20, 2021.

We are pleased to announce a 3.1% increase to our quarterly cash dividend, stated Lee R. Gibson, Chief Executive Officer of Southside Bancshares, Inc. The quarterly dividend... More