First Bancorp. (FBP) Raises Quarterly Dividend 40% to $0.07; 2.9% Yield
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First BanCorp Announces Increase in Quarterly Cash Dividend to $0.07 Per Share
January 28, 2021 4:15 PM ESTSAN 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 $0.07 per share, which represents an increase of $0.02 per common share compared to its most recent dividend paid on December 11, 2020. The dividend is payable on March 12, 2021 to shareholders of record at the close of business on February 26, 2021.
We are very pleased to provide an increase to the quarterly cash dividend payment on the Corporations common stock from $0.05 to $0.07... More
