First Choice Bancorp (FCBP) Declares $0.20 Quarterly Dividend; 3.7% Yield

First Choice Bancorp (NASDAQ: FCBP) declared a quarterly dividend of $0.20 per share, or $0.8 annualized.

The dividend will be payable on February 21, 2019, to stockholders of record on February 7, 2019, with an ex-dividend date of February 6, 2019.

The annual yield on the dividend is 3.7 percent.

“Our fourth quarter performance capped a milestone year for First Choice Bancorp that included listing on the NASDAQ stock exchange and completing our merger with Pacific Commerce Bancorp,” said Peter Hui, Chairman of the Board of First Choice Bancorp. “We believe these accomplishments have created significant value for our franchise. Going forward, we believe that the strong returns generated from our business model will provide us the flexibility to return capital to shareholders through dividends and stock buybacks, while also supporting our continued growth.”

For a dividend history and other dividend-related data on First Choice Bancorp (FCBP) click here.

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