Great Southern Pays Early Dividend Facing Tax Increases

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Great Southern Bancorp, which bought failed Sun Security Bank last year, is paying an early dividend to shareholders because of expected tax increases.

The company, based in Springfield, Mo., declared a dividend of 18 cents per common share for the fourth quarter. “Given the potential significant increases in tax rates on dividends beginning next year, our board of directors made the decision to pay the normal quarterly dividend a few weeks earlier than usual to benefit our shareholders,” President and CEO Joseph Turner said, BankNews reports. Read more on St. Louis Business Journal.


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