KS Bancorp, Inc. Declares Quarterly Dividend, Payable on May 9, 2024
April 24, 2024 at 02:20 am IST
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KS Bancorp, Inc. announced that its Board of Directors has declared a quarterly dividend of $0.26 per share for stockholders of record as of April 29, 2024 with payment to be made on May 9, 2024. This is an increase of approximately 30.0% from the dividend paid in the first quarter of 2023 and a 4.0% increase from the dividend paid for the fourth quarter of 2023.
KS Bancorp, Inc. is a bank holding company. The Company offers a range of personal and business banking products and services, mortgage products and trust services. The Company operates through its subsidiary, KS Bank, Inc. (the Bank), which conducts its operations through nine full-service branch offices in Kenly, Goldsboro, Wilson, Garner, Selma, Clayton, Wendell, Four Oaks and Smithfield, North Carolina, as well as a loan production office in Dunn. KS Personal Services offers a complete suite of deposit and loan products that are tailored to specific needs, while KS Business Services includes deposit and loan products, payroll services (through Flex Pay), merchant card services, cash management and remote deposit. KS Mortgage Services offers mortgage products through a team of mortgage specialists. Its Trust Services Division offers a complete line of trust services, such as money management, individual retirement accounts (IRAs), trust administration and estate administration.