First Citizens BancShares Declares Dividends
- None.
- None.
- As noted above, the Board declared a quarterly dividend of
per share on the company's Class A and Class B common stock. The dividend is payable March 15, 2024, to holders of record as of Feb. 29, 2024.$1.64
- The Board declared a regular quarterly dividend of
per share on the company's$13.43 755.375% non-cumulative perpetual preferred stock, Series A (resulting in a distribution of per depositary share), to be paid on March 15, 2024, to holders of record as of Feb. 29, 2024.$0.33 5938
- The Board declared a dividend of
per share on the company's fixed-to-floating rate, non-cumulative perpetual preferred stock, Series B, to be paid on March 15, 2024, to holders of record as of Feb. 29, 2024. BancShares will pay the non-cumulative quarterly cash dividend at a rate of$24.04 569.61824% , which is equal to the three-month CME Term Secured Overnight Financing Rate ("SOFR") on the dividend determination date plus the applicable SOFR tenor spread adjustment of0.26161% and a spread of3.972% .
- Also, the Board declared a regular quarterly dividend of
per share on the company's$0.35 15635.625% non-cumulative perpetual preferred stock, Series C, to be paid on March 15, 2024, to holders of record as of Feb. 29, 2024.
ABOUT FIRST CITIZENS BANCSHARES
First Citizens BancShares, Inc. (NASDAQ: FCNCA), a top 20 U.S. financial institution with more than
Contact: | Deanna Hart | Barbara Thompson |
Investor Relations | Corporate Communications | |
919-716-2137 | 919-716-2716 |
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SOURCE First Citizens BancShares, Inc.
FAQ
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