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Summit State Bank suspends dividend
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Summit State Bank (SSBI) will cancel its quarterly dividend in Q1 of 2025. The bank already cut its dividend from 12 cents to 4 cents quarterly last September.
Dividend Aristocrat oil major Exxon Mobil ( ticker XOM) will hike its dividend by 4.2 percent to $0.99 per share quarterly in 2024. This will mark 43 consecutive years of dividend increases by XOM.