Citizens Holding has declared a $0.02 per share quarterly dividend, in line with previous declarations. The forward yield is 0.94%. The dividend will be payable on June 30 to shareholders of record on June 16, and ex-dividend on June 16.
Citizens Holding Company (OTCQX:CIZN), a one-bank holding company and parent of The Citizens Bank of Philadelphia, has announced a quarterly dividend of $0.02 per share. This dividend is consistent with the company's previous declarations and will be payable on June 30, 2025, to shareholders of record as of June 16, 2025. The ex-dividend date is June 16, 2025, and the forward yield stands at 0.94% [1].
The announcement was made by Stacy Brantley, CEO of Citizens Holding Company, who stated, "We are pleased to announce our quarterly dividend, which reflects our commitment to returning value to our shareholders." This dividend yield is part of the company's strategy to balance shareholder returns with maintaining a strong balance sheet for growth [1].
Citizens Holding Company operates primarily through its subsidiary, The Citizens Bank of Philadelphia, serving customers across fourteen counties in Mississippi. The company offers a variety of banking services, including commercial banking, mortgage lending, and internet banking solutions. The company's stock is listed on the OTCQX Best Market under the ticker symbol CIZN [2].
The company's financial performance has been notable, with a 16.38% return over the past year and a market capitalization of $48 million. The company's P/E ratio of 8.91 and recent revenue growth of 7.66% suggest a balanced approach to financial management [2].
The company's forward-looking statements include risks such as adverse changes in business conditions, regulatory environment changes, increased competition, technological advancements, and economic conditions. These risks could significantly impact the company's future performance [1][2].
For more information about Citizens Holding Company and its banking services, investors can visit the corporate website at https://www.thecitizensbankphila.com/investor-relations [1][2].
References:
[1] https://finance.yahoo.com/news/citizens-holding-company-announces-quarterly-130000170.html
[2] https://www.investing.com/news/company-news/citizens-holding-announces-modest-dividend-for-shareholders-93CH-4086914
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