EVERTEC Declares Quarterly Dividend on Common Stock

Rhea-AI Summary

EVERTEC, Inc. (NYSE: EVTC) has announced a regular quarterly dividend of $0.05 per share. The dividend was declared by the company's Board of Directors on October 17, 2024, and will be paid on December 6, 2024 to stockholders of record as of October 28, 2024. The Board anticipates declaring this dividend in future quarters on a regular basis, subject to approval and potential adjustments based on business needs or market conditions.

Positive

• Regular quarterly dividend of $0.05 per share declared
• Board anticipates continuing regular dividend payments in future quarters

Negative

• Dividend amount is relatively small at $0.05 per share
• Future dividends subject to Board approval and potential adjustments

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 October 17, 2024 to be paid on December 6, 2024 to stockholders of record as of October 28, 2024.

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 processor and financial technology provider in Latin America, Puerto Rico and the Caribbean, 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 six billion transactions annually. The Company also offers financial 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/20241017190938/en/

Investor Contact

Beatriz Brown-Sáenz

(787) 773-5442

IR@evertecinc.com

Source: EVERTEC

FAQ

When will EVERTEC (EVTC) pay its next dividend?

EVERTEC (EVTC) will pay its next dividend on December 6, 2024 to stockholders of record as of October 28, 2024.

What is the amount of EVERTEC's (EVTC) quarterly dividend?

EVERTEC (EVTC) has declared a regular quarterly dividend of $0.05 per share.

Is EVERTEC (EVTC) planning to continue paying dividends in the future?

EVERTEC's Board anticipates declaring dividends in future quarters on a regular basis, subject to approval and potential adjustments based on business needs or market conditions.

What is the record date for EVERTEC's (EVTC) upcoming dividend?

The record date for EVERTEC's (EVTC) upcoming dividend is October 28, 2024.