Southwest Georgia Financial Corporation Increases Quarterly Cash Dividend 10%
Staff Report From Valdosta CEO
Thursday, August 25th, 2016
Southwest Georgia Financial Corporation, the parent company of Southwest Georgia Bank, announced that its Board of Directors has declared a quarterly cash dividend of $0.11 per common share, a 10% increase compared with $0.10 per common share paid each quarter since the previous increase in March 2015. The dividend is payable September 16, 2016 to shareholders of record on September 6, 2016. The Company has approximately 2.5 million shares of common stock outstanding.
Southwest Georgia Financial Corporation or its predecessor, Southwest Georgia Bank, has paid cash dividends for 88 consecutive years.