EXHIBIT 99.1
Citizens Holding Company Declares $.15 Per Share Dividend
PHILADELPHIA, Miss.—(BUSINESS WIRE)—February 25, 2004—Citizens Holding Company (AMEX:CIZ—news) announced today that its Board of Directors declared a cash dividend of $0.15 per share payable March 31, 2004, to shareholders of record as of March 15, 2004. This dividend will represent a 7.1% increase over the dividend paid in the same quarter of 2003.
“Citizens Holding Company Board of Directors is proud to announce the $0.15 per share dividend for the first quarter of 2004,” said Greg L. McKee, President and Chief Executive Officer. “The 7.1% increase in dividends over the same period in 2003 continues our trend of increasing dividends as profits allow.”
Citizens Holding Company is a one-bank holding company and the parent company of The Citizens Bank of Philadelphia, both headquartered in Philadelphia, Mississippi. The Bank has nineteen full service banking locations in eight counties in East Central Mississippi. In addition to full service commercial banking, the Company offers mortgage loans, title insurance services through its subsidiary, Title Services, LLC and a full range of Internet banking services including online banking, bill pay and cash management services for businesses. Internet services are available at the Bank web site,www.thecitizensbankphila.com. Citizens Holding Company stock is listed on the American Stock Exchange and is traded under the symbol CIZ. The Company’s transfer agent is American Stock Transfer & Trust Company.
Contact:
Citizens Holding Company, Philadelphia
Robert T. Smith, 601/656-4692
Rsmith@netdoor.com
