STOCK TITAN

EVERTEC Declares Quarterly Dividend on Common Stock

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
dividends
Rhea-AI Summary

EVERTEC, Inc. (NYSE: EVTC) announced a regular quarterly dividend of $0.05 per share, to be paid on September 3, 2021, with a record date of August 2, 2021. The Board of Directors anticipates regular future dividends, although these are subject to approval and may be adjusted based on business needs or market conditions. EVERTEC, a leading transaction processing company in Puerto Rico and Latin America, offers a wide range of services including payment processing and technology outsourcing, handling approximately three billion transactions annually.

Positive
  • Quarterly dividend of $0.05 per share enhances income for shareholders.
  • Regular future dividends anticipated, indicating company confidence.
Negative
  • Future dividends are subject to Board approval and may be adjusted, creating uncertainty.

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 July 22, 2021 to be paid on September 3, 2021 to stockholders of record as of August 2, 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.

FAQ

What is the dividend amount declared by EVERTEC in July 2021?

EVERTEC declared a quarterly dividend of $0.05 per share.

When will the dividend be paid to EVERTEC shareholders?

The dividend will be paid on September 3, 2021.

What is the record date for EVERTEC's dividend payment?

The record date for the dividend payment is August 2, 2021.

Will EVERTEC continue to pay dividends in the future?

The Board anticipates declaring dividends in future quarters, subject to approval.

What factors could affect EVERTEC's dividend payments?

Dividend payments may be adjusted based on business needs or market conditions.

EVERTEC, INC.

NYSE:EVTC

EVTC Rankings

EVTC Latest News

EVTC Stock Data

2.34B
63.10M
0.76%
104.55%
4.25%
Software - Infrastructure
Services-computer Processing & Data Preparation
Link
United States of America
RIO PIEDRAS