Exhibit 99.1

Citizens Holding Company Increases Cash Dividend

PHILADELPHIA, Miss.—(BUSINESS WIRE)—November 30, 2010—Citizens Holding Company (NASDAQ: CIZN - news) announced today that its Board of Directors declared a cash dividend of $0.22 per share payable December 31, 2010, to shareholders of record as of December 15, 2010.

“Today I am announcing our fourth quarter 2010 dividend of $0.22 per share, an increase of $0.01 over the dividend paid in the third quarter of 2010” said Greg L. McKee, President and Chief Executive Officer. “This dividend also represents an increase of 4.8% over the dividends paid in the fourth quarter of 2009.”

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 twenty-three full service banking locations in ten counties in East Central Mississippi in addition to a Loan Production Office in Biloxi, 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 NASDAQ Global Market and is traded under the symbol CIZN. The Company’s transfer agent is American Stock Transfer & Trust Company. Investor relations information may be obtained at the corporate website, www.citizensholdingcompany.com.

Contact:

Citizens Holding Company, Philadelphia

Robert T. Smith, 601/656-4692

rsmith@tcbphila.com