EVERTEC Declares Quarterly Dividend on Common Stock

Rhea-AI Summary

EVERTEC announces regular quarterly dividend of $0.05 per share

Positive

• EVERTEC's Board anticipates declaring this dividend in future quarters on a regular basis

Negative

• Future declarations are subject to the Board's approval and may be adjusted as business needs or market conditions change

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 19, 2023 to be paid on December 1, 2023 to stockholders of record as of October 30, 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 processes over six billion transactions annually and manages a system of electronic payment networks in Puerto Rico and Latin America and offers a comprehensive suite of services for core banking, cash processing, and fulfillment in Puerto Rico. Additionally, the Company offers technology outsourcing and payment transactions fraud monitoring to 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/20231019716109/en/

Investor

Beatriz Brown-Sáenz

(787) 773-5442

IR@evertecinc.com

Source: EVERTEC

FAQ

What is the dividend amount declared by EVERTEC?

The dividend amount declared by EVERTEC is $0.05 per share.

When will the dividend be paid?

The dividend will be paid on December 1, 2023.

Who will receive the dividend?

The dividend will be paid to stockholders of record as of October 30, 2023.

Will EVERTEC continue to declare dividends in the future?

EVERTEC's Board anticipates declaring this dividend in future quarters on a regular basis, subject to approval.

Can the dividend amount change in the future?

Future declarations are subject to the Board's approval and may be adjusted as business needs or market conditions change.