SALEM – Mid-Southern Bancorp, Inc. (“Company”) (OTCQX:MSVB), the holding company for Mid-Southern Savings Bank, FSB (“Bank”), announced that its Board of Directors declared a quarterly cash dividend of $0.06 per share on the Company’s outstanding common stock.
The cash dividend will be payable to shareholders of record on May 24, 2024, as of the close of business on May 10, 2024. 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. They 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 Mid-Southern Bancorp, Inc. and Mid-Southern Savings Bank, FSB
Mid-Southern Bancorp, Inc. is the holding company of Mid-Southern Savings Bank, FSB, a federally chartered savings bank headquartered in Salem, Indiana, approximately 40 miles northwest of Louisville, Kentucky. The Bank conducts business from its main office in Salem and through its branch offices in Mitchell and Orleans, Indiana, and loan production offices in New Albany, Indiana, and Louisville, Kentucky.
