By Stephen Nakrosis
South Plains Financial Inc. on Thursday said its board approved an increase of 2 cents a share to the company's quarterly cash dividend.
The new dividend of 9 cents per share will be payable on Aug. 16 to shareholders of record at the close of business on Aug. 2.
South Plains is the bank holding company for Texas state-chartered City Bank.
Write to Stephen Nakrosis at [email protected]