Seacoast Banking Corporation of Florida Declares Quarterly Dividend on Common Stock

Seacoast Banking of Florida (NASDAQ: SBCF) has announced a quarterly cash dividend of $0.18 per share for holders of its 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.

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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 $0.18 per share. The dividend is payable on September 30, 2024 to shareholders of record at the close of business on September 13, 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 $14.8 billion in assets and $12.0 billion in deposits as of March 31, 2024. 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 L. Dexter
Chief Financial Officer
Seacoast Banking Corporation of Florida
(772) 403-0461

FAQ

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What is the dividend amount declared by Seacoast Banking of Florida (SBCF)?

Seacoast Banking of Florida (SBCF) has declared a quarterly cash dividend of $0.18 per share.

When is the dividend payable for Seacoast Banking of Florida (SBCF) shareholders?

The dividend is payable on September 30, 2024, to shareholders of record at the close of business on September 13, 2024.

What are the total assets and deposits of Seacoast Banking of Florida (SBCF) as of March 31, 2024?

As of March 31, 2024, Seacoast Banking of Florida (SBCF) had approximately $14.8 billion in assets and $12.0 billion in deposits.

How many full-service branches does Seacoast Banking of Florida (SBCF) operate?

Seacoast Banking of Florida (SBCF) operates 77 full-service branches across Florida.