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Seacoast Banking Corporation of Florida Declares Quarterly Dividend on Common Stock

Seacoast Banking Corporation of Florida (NASDAQ: SBCF) declared a quarterly cash dividend of $0.17 per share on October 18, 2022.

(Neutral)

Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

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dividends

Rhea-AI Summary

Seacoast Banking Corporation of Florida (NASDAQ: SBCF) declared a quarterly cash dividend of $0.17 per share on October 18, 2022. This dividend is payable on December 30, 2022, to shareholders of record as of December 15, 2022. With approximately $10.8 billion in assets and $9.2 billion in deposits, Seacoast provides various financial services through its network of over 50 branches across Florida and advanced online banking solutions.

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Positive

  • Quarterly cash dividend of $0.17 per share declared.
  • Strengthened shareholder confidence with dividend payment.
  • Robust asset base of $10.8 billion.

Negative

  • None.
Argus Session date unavailable
-1.42% session move Open Argus
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News Market Reaction – SBCF

The recorded move for SBCF in the trading session of this news was -1.42%.

Data tracked by StockTitan Argus. Session date unavailable.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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STUART, Fla., Oct. 18, 2022 (GLOBE NEWSWIRE) -- Seacoast Banking Corporation of Florida (“Seacoast” or the “Company”) (NASDAQ: SBCF), announced that on October 18, 2022, the Company’s Board of Directors declared a quarterly cash dividend of $0.17 per share to the holders of the Company’s common stock. The dividend is payable on December 30, 2022 to shareholders of record at the close of business on December 15, 2022.

Seacoast Banking Corporation of Florida is one of the largest community banks headquartered in Florida with approximately $10.8 billion in assets and $9.2 billion in deposits as of June 30, 2022. The Company provides integrated financial services including commercial and consumer banking, wealth management, and mortgage services to customers at over 50 full-service branches across Florida, and through advanced mobile and online banking solutions. Seacoast National Bank is the wholly-owned subsidiary bank of Seacoast Banking Corporation of Florida. 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

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What is the amount of the cash dividend declared by SBCF?

The cash dividend declared by Seacoast Banking Corporation of Florida (SBCF) is $0.17 per share.

When will the SBCF dividend be paid?

The SBCF dividend will be paid on December 30, 2022.

What is the record date for the SBCF dividend?

The record date for the SBCF dividend is December 15, 2022.

How often does SBCF pay dividends?

Seacoast Banking Corporation of Florida typically pays dividends quarterly.

Is the SBCF dividend sustainable?

The sustainability of the SBCF dividend depends on the company's financial health and profitability.

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