Southeastern Banking Corporation’s Board Declares Special Dividend of $1.00 Per Share
Darien, GA — December 6, 2024 – The Board of Southeastern Banking Corporation (OTCPINK:SEBC, the “Company”) today declared a special dividend of $1.00 per share payable December 27, 2024 to shareholders of record on December 20, 2024. The Company last paid a special dividend, also $1.00 per share, in November 2021. This special dividend is separate and apart from the regular, quarterly dividend.
“Our Company has performed at a high level the last few years, and we are pleased to be able to reward our shareholders with this additional, special dividend prior to year-end,” stated President and Chief Executive Officer Donald “Jay” Torbert, Jr.
About Southeastern Banking Corporation
Southeastern Banking Corporation is the bank holding company for Southeastern Bank. Established in 1888, Southeastern Bank has a long history of serving its customers and communities through its 10 branch locations in coastal Georgia and northeast Florida, including Brunswick, Callahan (FL), Darien, Eulonia, Folkston, Hilliard (FL), Kingsland, Nahunta, Richmond Hill and St. Simons Island. In addition to these full service branches, the Bank has a loan production office in Hinesville, Georgia. The Bank is headquartered in Darien, Georgia.
Southeastern Banking Corporation’s common stock is traded on the OTC Markets PINK under the symbol “SEBC.”
For more information, please visit www.southeasternbank.com.
CONTACT:
Robert M. Eidson, Jr.
Treasurer
912-437-4141