MetroCity Bankshares (NASDAQ:MCBS) Plans $0.11 Quarterly Dividend

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MetroCity Bankshares (NASDAQ:MCBS) declared a quarterly dividend on Wednesday, October 16th, Zacks reports. Shareholders of record on Friday, November 1st will be given a dividend of 0.11 per share on Friday, November 8th. This represents a $0.44 dividend on an annualized basis and a yield of 3.26%. The ex-dividend date is Thursday, October 31st.

MetroCity Bankshares stock opened at $13.48 on Friday. MetroCity Bankshares has a 12 month low of $12.38 and a 12 month high of $17.00.

In other MetroCity Bankshares news, Director Feiying Lu sold 270,000 shares of MetroCity Bankshares stock in a transaction on Monday, October 7th. The shares were sold at an average price of $13.50, for a total value of $3,645,000.00. Also, EVP Howard Hwasaeng Kim sold 60,000 shares of MetroCity Bankshares stock in a transaction on Monday, October 7th. The stock was sold at an average price of $13.50, for a total transaction of $810,000.00.

MetroCity Bankshares Company Profile

MetroCity Bankshares, Inc operates as the holding company for Metro City Bank that offers banking products and services in Georgia, The United States. The company offers checking accounts, savings accounts, certificates of deposit, commercial and consumer loans, money transfers, and other banking services.

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