Seacoast Banking Corporation of Florida Declares Quarterly Dividend on Common Stock

Rhea-AI Summary

Seacoast Banking of Florida (SBCF) declared a quarterly cash dividend of $0.18 per share for shareholders of record on June 14, 2024. The dividend will be payable on June 28, 2024. With $14.6 billion in assets and $11.8 billion in deposits as of December 31, 2023, Seacoast is a leading community bank in Florida offering a range of financial services.

Positive

• Seacoast Banking of Florida (SBCF) declared a quarterly cash dividend of $0.18 per share.
• The dividend is payable on June 28, 2024, to shareholders of record on June 14, 2024.
• Seacoast has $14.6 billion in assets and $11.8 billion in deposits as of December 31, 2023.
• The company offers commercial and consumer banking, wealth management, and mortgage services through 77 branches in Florida.

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• None.

STUART, Fla., April 18, 2024 (GLOBE NEWSWIRE) -- Seacoast Banking Corporation of Florida (“Seacoast” or the “Company”) (NASDAQ: SBCF), announced that on April 18, 2024, the Company’s Board of Directors declared a quarterly cash dividend to the holders of the Company’s common stock of $0.18 per share. The dividend is payable on June 28, 2024 to shareholders of record at the close of business on June 14, 2024.

Seacoast Banking Corporation of Florida, through its wholly owned subsidiary Seacoast National Bank, is one of the largest community banks headquartered in Florida with approximately $14.6 billion in assets and $11.8 billion in deposits as of December 31, 2023. The Company provides integrated financial services including commercial and consumer banking, wealth management, and mortgage services to customers at 77 full-service branches across Florida, and through advanced mobile and online banking solutions.   More information about the Company is available at www.SeacoastBanking.com.

Tracey Dexter
Chief Financial Officer
Seacoast Banking Corporation of Florida
(772) 403-0461

FAQ

When was the dividend declared by Seacoast Banking of Florida?

The dividend was declared on April 18, 2024.

What is the amount of the quarterly cash dividend announced by Seacoast Banking of Florida?

The quarterly cash dividend is $0.18 per share.

When will the dividend be payable to the shareholders of Seacoast Banking of Florida?

The dividend will be payable on June 28, 2024.

How much did Seacoast Banking of Florida have in assets as of December 31, 2023?

Seacoast had $14.6 billion in assets as of December 31, 2023.

How many branches does Seacoast Banking of Florida operate in Florida?

Seacoast operates 77 full-service branches across Florida.

What services does Seacoast Banking of Florida provide to its customers?

Seacoast provides commercial and consumer banking, wealth management, and mortgage services to customers.