First Bancorp. (FBP) Raises Quarterly Dividend 42.9% to $0.10; 2.8% Yield

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Go back to First Bancorp. (FBP) Raises Quarterly Dividend 42.9% to $0.10; 2.8% Yield

First BanCorp. Increases Quarterly Common Stock Cash Dividend By 43%

October 22, 2021 4:30 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 $0.10 per share, which represents an increase of 43% or $0.03 per common share compared to its most recent dividend paid in September 2021. The dividend is payable on December 10, 2021 to shareholders of record at the close of business on November 26, 2021.

We are pleased to announce an increase in the quarterly cash dividend payment on the Corporations common stock from $0.07 to $0.10 per... More