# CoastalSouth Raises Quarterly Dividend to $0.06 Per Share By John Kim Canonical URL: https://www.tokenpost.com/news/business/36101 Published: 2026-10-20T23:25:44.000Z Updated: 2026-10-20T23:25:44.000Z Section: Business > The Atlanta-based bank parent declared the dividend Oct. 19 and scheduled payment for Nov. 24. CoastalSouth Bancshares, Inc. raised its quarterly dividend to $0.06 per share from $0.05 in the previous quarter, increasing its shareholder payout alongside stronger third-quarter earnings. The Atlanta-based parent of Coastal States Bank declared the dividend Oct. 19. The new rate is $0.01 per share above the previous quarterly payout. The increase accompanied [third-quarter earnings that showed net income rising to $8.8 million]() from $6.7 million a year earlier. Shareholders of record at the close of business Nov. 10 are scheduled to receive the dividend Nov. 24. ## Links in this article - [third-quarter earnings that showed net income rising to $8.8 million](https://www.tokenpost.com/news/business/35295)