Summit State Bank (SSBI) Declares $0.04 Quarterly Dividend; 2% Yield
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Summit State Bank Declares Quarterly Cash Dividend
September 12, 2024 9:00 AM EDTSANTA ROSA, Calif., Sept. 12, 2024 (GLOBE NEWSWIRE) -- Summit State Banks (the Bank) (Nasdaq: SSBI) Board of Directors declared the Banks eighty third consecutive quarterly cash dividend to common shareholders for $0.04 per share on September 11, 2024. The dividend will be paid on October 10, 2024, to shareholders of record on October 3, 2024.
The current rate environment, and its impact on earnings, led to our decision to reduce the quarterly cash dividend. The dividend reduction reflects the Banks deliberate... More
