EVERTEC Declares Quarterly Dividend on Common Stock

Rhea-AI Summary

Evertec, Inc. (NYSE: EVTC) announced a quarterly dividend of $0.05 per share, declared on October 21, 2021, and set for payment on December 3, 2021. Stockholders of record as of November 1, 2021 will receive this dividend. The Board of Directors plans to continue dividend declarations in the future, but these are subject to approval and may change based on business needs or market conditions. Evertec is a leading transaction processing company in Puerto Rico and Latin America, managing approximately three billion transactions annually.

Positive

• Quarterly dividend declared at $0.05 per share, indicating a return of income to shareholders.
• Plans for future dividend declarations signal confidence in ongoing business performance.

Negative

• Future dividends are subject to Board's approval and may be adjusted based on business needs or 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 October 21, 2021 to be paid on December 3, 2021 to stockholders of record as of November 1, 2021.

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/20211021006048/en/

Investor Contact

(787) 773-5442

IR@evertecinc.com

Source: EVERTEC

FAQ

What is the dividend amount for Evertec (EVTC) announced on October 21, 2021?

Evertec announced a quarterly dividend of $0.05 per share.

When will the dividend for Evertec (EVTC) be paid?

The dividend will be paid on December 3, 2021.

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

The record date for the dividend is November 1, 2021.

Will Evertec (EVTC) continue to pay dividends in the future?

Yes, Evertec's Board anticipates declaring dividends regularly, subject to approval.

What percentage of dividend yield does Evertec (EVTC) provide?

The yield will depend on the stock price at the time of dividend payment and calculation.