FB Financial Corporation (FBK) Raises Quarterly Dividend 33% to $0.08; Approves $50M Buyback

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Go back to FB Financial Corporation (FBK) Raises Quarterly Dividend 33% to $0.08; Approves $50M Buyback

FB Financial Corporation Increases Regular Quarterly Dividend by 33% to $0.08 Per Share

October 22, 2018 4:47 PM EDT

Authorizes $50 Million Share Common Stock Repurchase Program

NASHVILLE, Tenn.--(BUSINESS WIRE)-- FB Financial Corporation (the Company) (NYSE: FBK) announced today that its Board of Directors declared a quarterly cash dividend of eight cents ($0.08) per share, which represents a 33% increase. The dividend is payable on November 15, 2018, to shareholders of record as of November 1, 2018. Additionally, the Companys Board of Directors authorized the repurchase of up to $50 million of the Companys outstanding common stock, which will remain in effect until October 22, 2019.

Christopher T. Holmes, President and Chief Executive Officer,... More