 LUBBOCK, Texas, Jan. 21, 2021 GLOBE NEWSWIRE -- South Plains Financial, Inc. NASDAQ:SPFI South Plains or the Company, the parent company of City Bank, today announced that its Board of Directors has declared a regular quarterly cash dividend of 0.05 per share of common stock. The dividend is payable on February 16, 2021 to shareholders of record as of the close of business on February 1, 2021. The amount and timing of any future dividend payments to the Companys shareholders will be subject to the discretion of the Companys Board of Directors. 