EVERTEC Declares Quarterly Dividend on Common Stock

Rhea-AI Summary

EVERTEC, Inc. (NYSE: EVTC) declared a regular quarterly dividend of $0.05 per share on February 16, 2023, payable on March 17, 2023. Shareholders of record as of February 28, 2023 will receive this dividend. The Board anticipates future dividends will be declared regularly, subject to business needs and market conditions. EVERTEC is a full-service transaction processing company operating across Puerto Rico, the Caribbean, and Latin America, handling approximately three billion transactions annually, and providing extensive merchant and banking services.

Positive

• Declared a quarterly dividend of $0.05 per share, enhancing shareholder returns.
• Board's commitment to regularly declare dividends in the future, showcasing confidence in business stability.

Negative

• None.

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 16, 2023 to be paid on March 17, 2023 to stockholders of record as of February 28, 2023.

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/20230216005826/en/

Investor Contact

Beatriz Brown-Sáenz

(787) 773-5442

IR@evertecinc.com

Source: EVERTEC

FAQ

When will EVERTEC's dividend be paid?

EVERTEC's dividend of $0.05 per share will be paid on March 17, 2023.

What is the dividend declaration date for EVERTEC?

The dividend was declared on February 16, 2023.

Who will receive EVERTEC's dividend?

Stockholders of record as of February 28, 2023, will receive the dividend.

How often does EVERTEC declare dividends?

The Board anticipates declaring dividends regularly, subject to approval.