SOURCE: Southern Community Financial Corporation

April 25, 2008 08:30 ET

Southern Community Financial Corporation Announces Quarterly Cash Dividend of $0.04 per Share

WINSTON-SALEM, NC--(Marketwire - April 25, 2008) - Southern Community Financial Corporation (NASDAQ: SCMF) (NASDAQ: SCMFO) announced that its Board of Directors, at its regular meeting on April 23, 2008, declared a quarterly cash dividend of four cents ($0.04) per share on the Corporation's common stock. The dividend is payable on May 30, 2008, to shareholders of record as of the close of business on May 15, 2008. This is the Corporation's thirteenth 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-two 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 www.smallenoughtocare.com or by email at investor.relations@smallenoughtocare.com.

Contact Information

  • For Additional Information:
    F. Scott Bauer
    Chairman/CEO
    James Hastings
    Executive Vice President/Chief Financial Officer
    336-768-8500