Mid-Southern Bancorp, Inc. announces its quarterly cash dividend

SALEM – Mid-Southern Bancorp, Inc. (“Company”) (Nasdaq:MSVB), the holding company for Mid-Southern Savings Bank, FSB (“Bank”), announced that its Board of Directors declared a quarterly cash dividend of $0.06 per share on the Company’s outstanding common stock.

The cash dividend will be payable on August 25, 2023, to shareholders of record as of the close of business on August 11, 2023. The declaration and payment of future dividends to holders of the Company’s common stock will be at the discretion of the Board of Directors and will depend upon many factors, including the Company’s financial condition, earnings, capital requirements of its businesses, legal requirements, regulatory constraints, industry practice, and other factors that the Board of Directors deems relevant.

About the Company
Mid-Southern Bancorp, Inc. is the parent of Mid-Southern Savings Bank, FSB. The Bank is a
federally chartered savings bank headquartered in Salem, Indiana, approximately 40 miles
northwest of Louisville, Kentucky. The Bank conducts business from its main office in Salem
and through its branch offices located in Mitchell and Orleans, Indiana and loan production
offices located in New Albany, Indiana and Louisville, Kentucky.