Southern Missouri Bancorp, Inc. Declares Quarterly Dividend, Payable on August 31, 2023
July 20, 2023 at 05:05 pm EDT
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On July 18, 2023, the Board of Directors of Southern Missouri Bancorp, Inc. declared its 117th consecutive quarterly dividend on common stock since the inception of the Company. The dividend of $0.21 per common share will be payable on August 31, 2023, to stockholders of record at the close of business on August 15, 2023.
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.