Southside Bancshares (SBSI) Raises Quarterly Dividend 2.9% to $0.35; 3.6% Yield

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Go back to Southside Bancshares (SBSI) Raises Quarterly Dividend 2.9% to $0.35; 3.6% Yield

Southside Bancshares, Inc. Increases and Declares Cash Dividend

February 2, 2023 4:30 PM EST

TYLER, Texas, Feb. 02, 2023 (GLOBE NEWSWIRE) -- The Board of Directors of Southside Bancshares, Inc., (NASDAQ: SBSI), parent company of Southside Bank, approved a 2.9% increase to the regular quarterly cash dividend of $0.01, to $0.35 per common share and declared a regular quarterly cash dividend of $0.35 per common share. The cash dividend of $0.35 is scheduled for payment on March 2, 2023, to common stock shareholders of record on February 16, 2023.

We are proud to continue our long history of increases to the quarterly cash dividend, stated Lee R. Gibson, President and Chief Executive Officer of Southside... More