Southern Indiana Business Report
SALEM — Mid-Southern Bancorp Inc., the holding company for Mid-Southern Savings Bank FSB, announced Jan. 26 that its board of directors declared a quarterly cash dividend of $0.04 per share on the Company’s outstanding common stock. The cash dividend will be payable on Feb. 25 to shareholders of record as of the close of business on Feb. 11.
The declaration and payment of future dividends to holders of the company’s common stock will be at the discretion of the board of directors and will depend upon many factors, including the company’s financial condition, earnings, capital requirements of its businesses, legal requirements, regulatory constraints, industry practice, and other factors that the board of directors deems relevant.
About the company
Mid-Southern Savings Bank FSB is a federally chartered savings bank headquartered in Salem. The bank conducts business from its main office in Salem and through its branch offices located in Mitchell and Orleans and loan production offices located in New Albany and Louisville, Kentucky. It trades under the Nasdaq symbol MSVB.