EVERTEC Declares Quarterly Dividend on Common Stock

Rhea-AI Summary

EVERTEC, Inc. (NYSE: EVTC) declared a quarterly dividend of $0.05 per share on February 15, 2022. This dividend is scheduled for payment on March 25, 2022, to stockholders on record as of February 25, 2022. The Board of Directors plans to continue declaring dividends regularly, although future payments will depend on business performance and market conditions.

Positive

• Quarterly dividend of $0.05 per share declared, indicating confidence in business performance.
• Regular dividend payments anticipated, suggesting stable cash flow.

Negative

• Future dividend declarations are subject to Board approval and may vary based on market conditions.

SAN JUAN, Puerto Rico--(BUSINESS WIRE)-- EVERTEC, Inc. (NYSE: EVTC) (“EVERTEC” or the “Company”) today announced that its Board of Directors (the “Board”) declared a regular quarterly dividend of $0.05 per share on February 15, 2022 to be paid on March 25, 2022 to stockholders of record as of February 25, 2022.

EVERTEC’s Board anticipates declaring this dividend in future quarters on a regular basis; however, future declarations are subject to the Board's approval and may be adjusted as business needs or market conditions change.

About Evertec

EVERTEC, Inc. (NYSE: EVTC) is a leading full-service transaction processing business in Puerto Rico, the Caribbean and Latin America, providing a broad range of merchant acquiring, payment services and business process management services. Evertec owns and operates the ATH® network, one of the leading personal identification number (“PIN”) debit networks in Latin America. In addition, the Company manages a system of electronic payment networks and offers a comprehensive suite of services for core banking, cash processing and fulfillment in Puerto Rico, that process approximately three billion transactions annually. The Company also offers technology outsourcing in all the regions it serves. Based in Puerto Rico, the Company operates in 26 Latin American countries and serves a diversified customer base of leading financial institutions, merchants, corporations and government agencies with “mission-critical” technology solutions. For more information, visit www.evertecinc.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220216006122/en/

Investor Contact

(787) 773-5442

IR@evertecinc.com

Source: EVERTEC

FAQ

What is the dividend amount declared by EVERTEC in February 2022?

EVERTEC declared a quarterly dividend of $0.05 per share on February 15, 2022.

When is the EVERTEC dividend payment scheduled?

The dividend payment is scheduled for March 25, 2022.

Who is eligible for the EVERTEC dividend?

Stockholders of record as of February 25, 2022, are eligible for the dividend.

Will EVERTEC continue to pay dividends in the future?

The Board anticipates declaring dividends regularly, but future declarations depend on business needs and market conditions.