Morris State Bancshares, Inc (MBLU) Declares $0.46 Quarterly Dividend; 2.4% Yield

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Morris State Bancshares Announces Solid Earnings in 2023 and Increases Quarterly Dividend

January 31, 2024 8:00 AM EST

DUBLIN, Ga., Jan. 31, 2024 (GLOBE NEWSWIRE) -- Morris State Bancshares, Inc. (OTCQX: MBLU) (the Company), the parent of Morris Bank (the Bank), today reported its financial results for the quarter and year ended December 31, 2023. Year over year and quarter by quarter comparisons are included herewith.

On January 24, 2024, the Companys Board of Directors declared a quarterly cash dividend of $0.46 per common share payable on or about March 15, 2024, to all shareholders of record as of February 15, 2024. This represents an increase of $0.02 per share, or 4.5%, from the quarterly dividend levels paid to shareholders in 2023.

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