South Plains Financial Raises Quarterly Dividend 6% to $0.19 a Share

South Plains Financial, Inc. (NASDAQ: SPFI) raised its quarterly dividend to $0.19 per share from $0.18, an increase of about 6%. The new dividend has a 1.74% forward yield.

Shareholders of record Nov. 2 qualify for the payment. Nov. 2 is also the ex-dividend date, and the payment is scheduled for Nov. 16.

In separate third-quarter results, the company reported GAAP earnings of $1.06 per share and revenue of $65.2 million, detailed in TokenPost’s coverage of the results.