Seacoast Banking Corporation of Florida Declares Quarterly Dividend on Common Stock

Rhea-AI Summary

Seacoast Banking Corporation of Florida (SBCF) declared a quarterly cash dividend of $0.13 per share on July 20, 2021. This dividend is set to be paid on September 30, 2021, to shareholders recorded by the close of business on September 15, 2021. As of March 31, 2021, the company reported approximately $8.8 billion in assets and $7.4 billion in deposits. Seacoast provides diversified financial services through 48 branches across Florida, enhancing its community banking presence.

Positive

• Quarterly cash dividend of $0.13 per share declared.
• Assets totaled approximately $8.8 billion as of March 31, 2021.
• Established community presence with 48 branches across Florida.

Negative

• None.

STUART, Fla., July 21, 2021 (GLOBE NEWSWIRE) -- Seacoast Banking Corporation of Florida (“Seacoast” or the “Company”) (NASDAQ: SBCF), announced that on July 20, 2021, the Company’s Board of Directors declared a quarterly cash dividend to the holders of the Company’s common stock of $0.13 per share.  The dividend is payable on September 30, 2021 to shareholders of record at the close of business on September 15, 2021.

Seacoast Banking Corporation of Florida is one of the largest community banks headquartered in Florida with approximately $8.8 billion in assets and $7.4 billion in deposits as of March 31, 2021. The Company provides integrated financial services including commercial and retail banking, wealth management, and mortgage services to customers through advanced banking solutions, and 48 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?

SBCF declared a quarterly cash dividend of $0.13 per share.

When is the SBCF dividend payment date?

The dividend is payable on September 30, 2021.

Who are the eligible shareholders for the SBCF dividend?

Shareholders of record by the close of business on September 15, 2021, are eligible for the dividend.

How much are the total assets of Seacoast Banking Corporation?

Seacoast Banking reported approximately $8.8 billion in assets as of March 31, 2021.

How many branches does SBCF operate?

SBCF operates 48 branches across Florida.