Morris State Bancshares, Inc (MBLU) Declares $0.54 Special Dividend; 2.2% Yield

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Morris State Bancshares Announces Shareholder Approval and Special Pre-Closing Dividend

March 18, 2026 8:00 AM EDT

DUBLIN, Ga., March 18, 2026 (GLOBE NEWSWIRE) -- Morris State Bancshares, Inc. (OTCQX: MBLU) (the Company), the parent company of Morris Bank, today announced that its shareholders have approved the proposed merger with Vallant Financial, Inc. The merger has also received all required regulatory approvals.

In connection with the merger, the Companys board has approved a Special Pre-Closing Dividend of $0.54 per share to all MBLU shareholders of record as of the close of business on March 24, 2026. The dividend will be payable on March 30, 2026.

We are extremely excited to continue building on the legacy that... More