First Bancorp. (FBP) Reinstates $0.03 Quarterly Dividend; 1.3% Yield

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First BanCorp. Reinstates Quarterly Cash Common Stock Dividend

November 14, 2018 2:22 PM EST

SAN JUAN, Puerto Rico--(BUSINESS WIRE)-- First BanCorp. (the Corporation) (NYSE: FBP), the bank holding company for FirstBank Puerto Rico, announced today that its Board of Directors has declared a quarterly cash dividend of $0.03 per share on its outstanding common stock. The dividend will be payable on December 14, 2018 to shareholders of record at the close of business on November 30, 2018.

We are pleased to reinstate a quarterly cash dividend, which is a reflection of our confidence in the Corporations financial and capital strength, said Aurelio Alemán, President and CEO of the Corporation. We believe that... More

First BanCorp. Reinstates Quarterly Cash Common Stock Dividend

November 14, 2018 2:22 PM EST

SAN JUAN, Puerto Rico--(BUSINESS WIRE)-- First BanCorp. (the Corporation) (NYSE: FBP), the bank holding company for FirstBank Puerto Rico, announced today that its Board of Directors has declared a quarterly cash dividend of $0.03 per share on its outstanding common stock. The dividend will be payable on December 14, 2018 to shareholders of record at the close of business on November 30, 2018.

We are pleased to reinstate a quarterly cash dividend, which is a reflection of our confidence in the Corporations financial and capital strength, said Aurelio Alemán, President and CEO of the Corporation. We believe that... More