Seacoast Banking Corporation of Florida Declares Quarterly Dividend on Common Stock

Rhea-AI Summary

Seacoast Banking Corporation of Florida (NASDAQ: SBCF) announced a quarterly cash dividend of $0.13 per share, declared on October 19, 2021. This dividend will be payable on December 31, 2021 to shareholders recorded by the close of business on December 15, 2021. As of June 30, 2021, Seacoast manages approximately $9.3 billion in assets and $7.8 billion in deposits, providing various financial services through its 52 branches across Florida.

Positive

• Quarterly cash dividend declared at $0.13 per share, indicating shareholder returns.
• Company manages $9.3 billion in assets and $7.8 billion in deposits, showcasing financial strength.

Negative

• None.

News Market Reaction – SBCF

+0.97%

+0.97% Session move

In the trading session that priced this news, SBCF gained 0.97%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

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STUART, Fla., Oct. 20, 2021 (GLOBE NEWSWIRE) -- Seacoast Banking Corporation of Florida (“Seacoast” or the “Company”) (NASDAQ: SBCF), announced that on October 19, 2021, the Company’s Board of Directors declared a quarterly cash dividend of $0.13 per share to the holders of the Company’s common stock. The dividend is payable on December 31, 2021 to shareholders of record at the close of business on December 15, 2021.

Seacoast Banking Corporation of Florida is one of the largest community banks headquartered in Florida with approximately $9.3 billion in assets and $7.8 billion in deposits as of June 30, 2021. The Company provides integrated financial services including commercial and retail banking, wealth management, and mortgage services to customers through advanced banking solutions, and 52 traditional branches of its locally-branded, wholly-owned subsidiary bank, Seacoast National Bank. Offices stretch from Fort Lauderdale, Boca Raton and West Palm Beach north through the Daytona Beach area, into Orlando and Central Florida and the adjacent Tampa market, and west to Okeechobee and surrounding counties. 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

What is the dividend amount declared by SBCF?

Seacoast Banking Corporation of Florida declared a quarterly cash dividend of $0.13 per share.

When is the dividend payable to shareholders of SBCF?

The dividend is payable on December 31, 2021.

What is the record date for SBCF's dividend?

The record date for the dividend is December 15, 2021.

How much in assets does SBCF manage?

Seacoast Banking Corporation manages approximately $9.3 billion in assets.

What types of services does SBCF offer?

Seacoast provides commercial and retail banking, wealth management, and mortgage services.