SouthCrest Financial Group Announces Special Dividend

SouthCrest Financial Group Announces Special Dividend

  • Posted: 01/16/2018
  • Castle Creek

ATLANTA, Ga.–(GLOBE NEWSWIRE)–Brian D. Schmitt, Chief Executive Officer of SouthCrest Financial Group, Inc. (SCSG:PK) announced today the issuance of a $0.60/share special dividend. “Everyone at SouthCrest would like to thank the shareholders who have supported the Company, and this return of capital is indicative of the vast improvement in the operational and financial position of SouthCrest Financial Group,” said Schmitt. “Importantly, we believe that after this dividend, the Company has sufficient capital to take advantage of any strategic growth opportunity that may present itself.”

The dividend will be payable on February 15, 2018 to all shareholders of record as of February 1, 2018.

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