Item 7.01. Regulation FD Disclosure.

On December 21, 2022, GrandSouth Bancorporation (the "Company"), the holding company for GrandSouth Bank, issued a press release announcing a quarterly cash dividend of $0.20 per common share ($0.21 per Series A preferred share) payable on December 30, 2022 to shareholders of record on December 27, 2022.

The press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K. The information in this Item 7.01, including Exhibit 99.1, shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, or otherwise subject to the liability of that section, and shall not be deemed to be incorporated by reference into any filing under the Securities Act of 1933 or the Securities Exchange Act of 1934.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits. The following exhibit index lists the exhibit that is furnished with this Current Report on Form 8-K:

© Edgar Online, source Glimpses