First BanCorp. Increases Quarterly Cash Dividend on Common Stock to $0.16
First BanCorp. New (FBP)
Last first bancorp. new earnings: 4/30 07:30 am
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US:NYSE Investor Relations:
snl.com/irweblinkx/corporateprofile.aspx?iid=4041406
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Source: Business Wire
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 Corporation’s common stock from $0.14 to $0.16 per share starting in the first quarter of 2024. The dividend, accompanied by our share buyback program, demonstrates our continued commitment to increasing shareholder value, while maintaining a strong capital position,” said Aurelio Alemán, President and CEO of Corporation.The increased quarterly dividend level equates to an annualized dividend rate of $0.64 per common share.Abou
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News
- First BanCorp. Declares Quarterly Cash Dividend on Common Stock [Yahoo! Finance]Yahoo! Finance
- First BanCorp. Declares Quarterly Cash Dividend on Common StockBusiness Wire
- First BanCorp. (NYSE: FBP) had its price target raised by analysts at Keefe, Bruyette & Woods from $19.00 to $21.00. They now have an "outperform" rating on the stock.MarketBeat
- First BanCorp. Announces Earnings for the Quarter Ended March 31, 2024Business Wire
- Analysts Estimate First Bancorp (FBP) to Report a Decline in Earnings: What to Look Out for [Yahoo! Finance]Yahoo! Finance
FBP
Earnings
- 4/23/24 - Beat
FBP
Sec Filings
- 4/23/24 - Form 8-K
- 4/22/24 - Form 4/A
- 4/11/24 - Form 4/A
- FBP's page on the SEC website