Citizens South Banking (CSBC) Cuts Cash Dividend; Approves 5% Stock Dividend

Citizens South Banking Corporation (Nasdaq: CSBC) has declared a cash dividend of one cent ($0.01) per common share. This is a reduction of three cents ($0.03) per share paid in the prior quarter. In addition, the Board of Directors approved a special stock dividend of five percent (5.0%). The dividends will be payable to stockholders of record as of November 1, 2010, and will be distributed on November 15, 2010.... Read more

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