EVERTEC Declares Quarterly Dividend on Common Stock

Rhea-AI Summary

EVERTEC, Inc. (NYSE: EVTC) has declared a quarterly dividend of $0.05 per share, payable on September 2, 2022, to shareholders of record as of August 8, 2022. This announcement reflects the Board's commitment to returning value to shareholders, with plans for regular future declarations subject to market conditions. EVERTEC operates one of the leading transaction processing networks in Puerto Rico, the Caribbean, and Latin America, handling over three billion transactions annually.

Positive

• Quarterly dividend of $0.05 per share declared, signaling commitment to shareholder returns.
• Plans for regular dividends in future quarters, indicating confidence in business stability.

Negative

• Future dividend declarations are subject to Board approval and may change based on 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 July 28, 2022 to be paid on September 2, 2022 to stockholders of record as of August 8, 2022.

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 over 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/20220729005008/en/

Investor Contact

(787) 773-5442

IR@evertecinc.com

Source: EVERTEC

FAQ

What is the dividend amount declared by EVERTEC?

EVERTEC declared a quarterly dividend of $0.05 per share.

When will the dividend be paid to shareholders?

The dividend will be paid on September 2, 2022.

What is the record date for the dividend?

The record date for the dividend is August 8, 2022.

Will EVERTEC continue to pay dividends in the future?

The Board anticipates declaring dividends in future quarters, but they are subject to approval and market conditions.