SBSI - Southside Bancshares declares $0.33 quarterly dividend; $0.06 special dividend

Southside Bancshares (NASDAQ:SBSI) declares $0.33/share quarterly dividend, in line with previous. Forward yield 3.11% The company has also declared a special cash dividend of $0.06 per common share. The combined cash dividend of $0.39 is scheduled for payment on Dec 9, to common stock shareholders of record on Nov. 24; ex-div Nov. 23. Lee Gibson, Chief Executive Officer of Southside Bancshares, stated: "We are pleased to announce the special cash dividend of $0.06. Our strong capital position and excellent performance this year allows us to reward our shareholders for the 18th consecutive year with a special cash dividend. The total cash dividend for 2021 increased by 5.4%, to $1.37 compared to $1.30 for 2020. See SBSI Dividend Scorecard, Yield Chart, & Dividend Growth.

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Southside Bancshares declares $0.33 quarterly dividend; $0.06 special dividend