First Bancorp. (FBP) Raises Quarterly Dividend 14.3% to $0.16; 3.9% Yield

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Go back to First Bancorp. (FBP) Raises Quarterly Dividend 14.3% to $0.16; 3.9% Yield

First BanCorp. Increases Quarterly Cash Dividend on Common Stock to $0.16

February 8, 2024 5:16 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 $0.16 per share, which represents an increase of 14% or $0.02 per common share compared to its most recent dividend paid in December 2023. The dividend is payable on March 8, 2024 to shareholders of record at the close of business on February 23, 2024.

We are pleased to announce an increase in the quarterly cash dividend payment on the Corporations common stock from $0.14 to $0.16 per... More