First South Bancorp (FSBK) Cuts Dividend 55% to $0.09; Yields 3.4%

First South Bancorp, Inc. (Nasdaq: FSBK) has declared a quarterly cash dividend for the quarter of $0.09, $0.36 annualized. The new dividend is a 55% decrease over the previous rate of $0.20. The dividend is payable October 28, 2010 to stockholders of record as of October 4, 2010. The ex-dividend date is September 29, 2010. Yield on the dividend is 3.4%.... Read more

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