First Bancorp. (FBP) Raises Quarterly Dividend 66.7% to $0.05; 1.9% Yield

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Go back to First Bancorp. (FBP) Raises Quarterly Dividend 66.7% to $0.05; 1.9% Yield

First BanCorp Announces Increase in Quarterly Cash Dividend to $0.05 Per Common Share

October 25, 2019 4:15 PM EDT

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 $0.05 per share, which represents an increase of $0.02 per common share compared to its most recent dividend paid on September 13, 2019. The dividend is payable on December 13, 2019 to shareholders of record at the close of business on November 29, 2019.

We are very pleased to provide an increase to the quarterly cash dividend payment on the Corporations common stock from $0.03 to $0.05 commencing... More