 LUBBOCK, Texas, April 22, 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 quarterly cash dividend of 0.07 per share of common stock, an increase of 0.02 per share of common stock over the most recent quarterly cash dividend declared in January 2021. The dividend is payable on May 17, 2021 to shareholders of record as of the close of business on May 3, 2021. 