Citizens Holding announces $0.16 quarterly dividend
Investing.com | Editor Natashya Angelica
Published Mar 05, 2024 04:42PM ET
PHILADELPHIA, Miss. - Citizens Holding Company (OTCQX:CIZN), a bank holding company and parent of The Citizens Bank of Philadelphia, declared a quarterly dividend of $0.16 per share on its common stock today. The dividend is slated for payment on March 29, 2024, to shareholders who are on record as of March 14, 2024.
CEO Stacy Brantley expressed the company's commitment to shareholder value, highlighting the significance of the dividend announcement. With a dividend yield of approximately 8%, the company underlines its robust capital position and dedication to rewarding its shareholders.
Citizens Holding Company operates through The Citizens Bank of Philadelphia, offering a variety of services including commercial banking, mortgage loans, title insurance through partnerships, and comprehensive Internet banking services. The company's stock is traded on the OTCQX Best Market under the ticker CIZN.
This dividend announcement is a routine part of the company's financial operations and reflects its current financial strategy. It should be noted that the information provided is based on a press release statement from Citizens Holding Company.
It is important for investors to be aware that the press release also contains forward-looking statements. These are based on current expectations and assumptions and are subject to risks and uncertainties that could cause actual results to differ materially. The company does not assume responsibility for updating any forward-looking statements post-release.
The announcement of the dividend is a factual report of the company's actions and should not be viewed as an endorsement of its financial health or future performance. Investors are encouraged to consider the full range of information available when making investment decisions.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.
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