Seacoast Banking Corporation of Florida Declares Quarterly Dividend on Common Stock

Rhea-AI Summary

Seacoast Banking Corporation of Florida (NASDAQ: SBCF) declared a quarterly cash dividend of $0.17 per share on July 19, 2022. This dividend will be payable on September 30, 2022 to shareholders on record as of September 15, 2022. The company, with approximately $10.9 billion in assets and $9.2 billion in deposits as of March 31, 2022, offers integrated financial services through over 50 branches in Florida and advanced digital solutions.

Positive

• Quarterly cash dividend of $0.17 per share announced.
• Financial stability with $10.9 billion in assets.
• Strong deposit base of $9.2 billion.

Negative

• None.

News Market Reaction – SBCF

+1.43%

+1.43% Session move

In the trading session that priced this news, SBCF gained 1.43%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

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STUART, Fla., July 19, 2022 (GLOBE NEWSWIRE) -- Seacoast Banking Corporation of Florida (“Seacoast” or the “Company”) (NASDAQ: SBCF), announced that on July 19, 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 September 30, 2022 to shareholders of record at the close of business on September 15, 2022.

Seacoast Banking Corporation of Florida is one of the largest community banks headquartered in Florida with approximately $10.9 billion in assets and $9.2 billion in deposits as of March 31, 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

What is the dividend amount declared by SBCF in July 2022?

The dividend amount declared by SBCF in July 2022 is $0.17 per share.

When is the SBCF dividend payable?

The SBCF dividend is payable on September 30, 2022.

What is the record date for the SBCF dividend?

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

How much are Seacoast's total assets?

Seacoast has approximately $10.9 billion in total assets.

What financial services does SBCF provide?

SBCF provides commercial and consumer banking, wealth management, and mortgage services.