First South Bancorp, Inc. Declares Quarterly Cash Dividend
FIRST SOUTH BANCORP (FSBK)
US:NASDAQ Investor Relations:
investors.firstsouthnc.com
Company Research
Source: PR Newswire
WASHINGTON, N.C., April 28, 2017 /PRNewswire/ -- First South Bancorp, Inc. (NASDAQ: FSBK) (the "Company"), the parent holding company of First South Bank (the "Bank"), reports that on April 27, 2017 the Company's Board of Directors declared a quarterly cash dividend of $0.035 per share, payable May 19, 2017 to shareholders of record as of the close of business on May 8, 2017. This dividend payment is the Company's thirteenth consecutive quarterly cash dividend and represents a payout ratio of 17.5% of first quarter 2017 diluted earnings per share.First South Bank has been serving the citizens of eastern and central North Carolina since 1902 and offers a variety of financial products and services to business and individual customers. The Bank operates through its main office headquartered in Washington, North Carolina, and currently has 28 full service branch offices located throughout eastern and central North Carolina.The Bank also provides a full menu of leasing services through
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