Southern States Bancshares, Inc. Announces Quarterly Cash Dividend of $0.09 per Share
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Southern States Bancshares, Inc. has declared a quarterly cash dividend of $0.09 per share, payable on February 14, 2025, to shareholders of record as of February 3, 2025.
January 15, 2025 | 9:15 pm
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Southern States Bancshares, Inc. declared a quarterly cash dividend of $0.09 per share, indicating a stable financial position and potential attractiveness to income-focused investors.
The announcement of a dividend payment is generally a positive signal, suggesting that the company is in a stable financial position and is able to return capital to shareholders. This can attract income-focused investors, potentially leading to a short-term positive impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100