Southside Bancshares (SBSI) Raises Quarterly Dividend 3% to $0.34; 3.3% Yield

Go back to Southside Bancshares (SBSI) Raises Quarterly Dividend 3% to $0.34; 3.3% Yield

Southside Bancshares, Inc. Increases and Declares Cash Dividend

February 3, 2022 4:30 PM EST

TYLER, Texas, Feb. 03, 2022 (GLOBE NEWSWIRE) -- The Board of Directors of Southside Bancshares, Inc., (NASDAQ: SBSI), parent company of Southside Bank, approved a 3.0% increase to the regular quarterly cash dividend of $0.01, to $0.34 per common share and declared a regular quarterly cash dividend of $0.34 per common share. The cash dividend of $0.34 is scheduled for payment on March 3, 2022, to common stock shareholders of record on February 17, 2022.

We are pleased to announce the quarterly dividend increase to $0.34 per share, stated Lee R. Gibson, Chief Executive Officer of Southside Bancshares, Inc. Given the... More