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Stock impact report

Southside Bancshares, Inc. Increases and Declares Cash Dividend

Southside Bancshares, Inc. (SBSI) 
Last southside bancshares, inc. earnings: 1/31 06:30 am Check Earnings Report
US:NASDAQ Investor Relations: southside.com/investor-relations-proxy
Company Research Source: GlobeNewswire
TYLER, Texas, Feb. 01, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of Southside Bancshares, Inc., (NASDAQ:SBSI), parent company of Southside Bank, approved a 2.9% increase to the regular quarterly cash dividend of $0.01, to $0.36 per common share and declared a regular quarterly cash dividend of $0.36 per common share. The cash dividend of $0.36 is scheduled for payment on February 29, 2024, to common stock shareholders of record on February 15, 2024. “We are proud to continue our long history of increases to the quarterly dividend,” stated Lee R. Gibson, President and Chief Executive Officer of Southside Bancshares, Inc. “We remain committed to returning capital to our shareholders and I am pleased to announce another dividend increase.” About Southside Bancshares, Inc. Southside Bancshares, Inc. is a bank holding company headquartered in Tyler, Texas, with approximately $8.28 billion in assets as of December 31, 2023, that wholly-owns Southside Bank. Southside Bank currentl Show less Read more
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