Southern Missouri Bancorp, Inc. Declares Quarterly Cash Dividend on Common Stock, Payable on February 28, 2018
January 23, 2018 at 04:15 am IST
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Southern Missouri Bancorp, Inc. on January 16, 2018, declared a quarterly cash dividend on common stock of $0.11, payable February 28, 2018, to stockholders of record at the close of business on February 15, 2018, marking the 95th consecutive quarterly dividend since the inception of the company.
Southern Missouri Bancorp, Inc. is a bank holding company and the parent company of Southern Bank (Bank). The Bank is primarily engaged in providing a full range of banking and financial services to individuals and corporate customers in its market areas. The principal business of the Bank consists of attracting retail deposits from the general public and using such deposits along with wholesale funding from the Federal Home Loan Bank of Des Moines, (FHLB), and brokered deposits, to invest in one- to-four-family residential mortgage loans, mortgage loans secured by commercial real estate, commercial non-mortgage business loans, construction loans, and consumer loans. These funds are also used to purchase mortgage-backed and related securities (MBS), municipal bonds, and other permissible investments. The Bank conducts its business from its headquarters in Poplar Bluff, as well as about 62 full-service branch offices and three limited-service branch offices.