First Bancorp. (FBP) Declares $0.03 Quarterly Dividend; 1.1% Yield

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Go back to First Bancorp. (FBP) Declares $0.03 Quarterly Dividend; 1.1% Yield

First BanCorp. Declares Quarterly Cash Dividend on Common Stock

February 14, 2019 4:15 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 March 15, 2019 to shareholders of record at the close of business on February 28, 2019.

The Corporations ability to continue to declare and pay dividends on the Common Stock is dependent on certain Federal regulatory considerations, including the guidelines and regulations of the Federal Reserve Board regarding capital... More