Seacoast Banking Corporation of Florida Declares Quarterly Dividend on Common Stock
Rhea-AI Summary
Seacoast Banking of Florida (NASDAQ: SBCF) has announced a quarterly cash dividend of $0.18 per share for holders of its common stock. The dividend will be payable on September 30, 2024, to shareholders of record as of September 13, 2024. This decision was made by the Company's Board of Directors on July 18, 2024.
Seacoast, through its subsidiary Seacoast National Bank, is a major community bank in Florida with $14.8 billion in assets and $12.0 billion in deposits as of March 31, 2024. The bank operates 77 full-service branches across Florida, offering integrated financial services including commercial and consumer banking, wealth management, and mortgage services.
Positive
- Declared quarterly dividend of $0.18 per share
- Substantial asset base of $14.8 billion
- Strong deposit base of $12.0 billion
- Extensive network of 77 full-service branches in Florida
Negative
- None.
News Market Reaction – SBCF
In the trading session that priced this news, SBCF gained 0.14%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
AI-generated analysis. How Rhea-AI works. Not financial advice.
STUART, Fla., July 25, 2024 (GLOBE NEWSWIRE) -- Seacoast Banking Corporation of Florida (“Seacoast” or the “Company”) (NASDAQ: SBCF), announced that on July 18, 2024, the Company’s Board of Directors declared a quarterly cash dividend to the holders of the Company’s common stock of
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
Tracey L. Dexter
Chief Financial Officer
Seacoast Banking Corporation of Florida
(772) 403-0461
