SOURCE: Southern Community Financial Corporation

February 01, 2007 08:05 ET

Southern Community Financial Corporation Announces Quarterly Cash Dividend of $0.035 per Share

WINSTON-SALEM, NC -- (MARKET WIRE) -- February 1, 2007 --Southern Community Financial Corporation (NASDAQ: SCMF) (NASDAQ: SCMFO) announced that its Board of Directors, at its regular meeting on January 24, 2007, declared a quarterly cash dividend of three and one-half cents ($0.035) per share on the Corporation's common stock. The dividend is payable on March 1, 2007 to shareholders of record as of the close of business on February 15, 2007. This is the Corporation's eighth consecutive quarterly dividend, following its former practice of annual cash dividends.

About the Company

Southern Community Financial Corporation is headquartered in Winston-Salem, North Carolina and is the holding company of Southern Community Bank and Trust, a community bank with twenty-one branches throughout North Carolina. Southern Community Financial Corporation's common stock and trust preferred securities are listed on The NASDAQ Global Select Market under the trading symbols SCMF and SCMFO, respectively. Additional information about Southern Community is available on its website at or by email at

Contact Information

  • For Additional Information:
    F. Scott Bauer
    David Hinshaw