THOMSON, Ga. - Allied Bankshares declared a 25% stock dividend and a regular quarterly cash dividend of 10 cents a share, effectively increasing its quarterly cash dividend by 25%.

Allied Bankshares said the cash dividend would be paid on all shares outstanding, including the shares issued for the stock dividend. Both dividends are payable on Dec. 1 to shareholders of record Nov. 12.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.