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 the Company's common stock. The dividend will be payable on December 31, 2024, to shareholders of record at the close of business on December 13, 2024. This decision was made by the Company's Board of Directors on October 17, 2024.

Seacoast Banking of Florida operates through its wholly owned subsidiary, Seacoast National Bank, which is one of the largest community banks headquartered in Florida. As of June 30, 2024, the Company reported approximately $15.0 billion in assets and $12.1 billion in deposits. Seacoast provides integrated financial services, including commercial and consumer banking, wealth management, and mortgage services, through 77 full-service branches across Florida and advanced mobile and online banking solutions.

Positive

• Declared quarterly cash dividend of $0.18 per share
• Approximately $15.0 billion in assets as of June 30, 2024
• $12.1 billion in deposits as of June 30, 2024
• Operates 77 full-service branches across Florida

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• None.

STUART, Fla., Oct. 17, 2024 (GLOBE NEWSWIRE) -- Seacoast Banking Corporation of Florida (“Seacoast” or the “Company”) (NASDAQ: SBCF), announced that on October 17, 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 December 31, 2024 to shareholders of record at the close of business on December 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 $15.0 billion in assets and $12.1 billion in deposits as of June 30, 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

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

Seacoast Banking of Florida (SBCF) 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 December 31, 2024, to shareholders of record at the close of business on December 13, 2024.

What were Seacoast Banking of Florida's (SBCF) assets and deposits as of June 30, 2024?

As of June 30, 2024, Seacoast Banking of Florida (SBCF) reported approximately $15.0 billion in assets and $12.1 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.