First Citizens BancShares Declares Dividends
The Board of Directors of First Citizens BancShares, Inc. (Nasdaq: FCNCA) has announced several dividends on its common and preferred stock. These dividends reflect the bank's ongoing commitment to delivering value to its shareholders. The scheduled payment date for these distributions is set for a future date, rewarding holders of record that meet the necessary criteria.
Details of Declared Dividends
Investors can look forward to the following dividends from First Citizens BancShares:
- A quarterly common stock dividend of $1.95 per share on the Class A and Class B common stock.
- A regular quarterly dividend of $13.4375 per share on the 5.375% non-cumulative perpetual preferred stock, Series A, leading to a distribution of $0.335938 per depositary share.
- A dividend of $21.617758 per share on the fixed-to-floating rate, non-cumulative perpetual preferred stock, Series B.
- A regular quarterly dividend of $0.351563 per share on the 5.625% non-cumulative perpetual preferred stock, Series C.
About First Citizens BancShares
First Citizens BancShares, Inc. (Nasdaq: FCNCA) stands as one of the top 20 financial institutions in the United States, boasting over $200 billion in assets. As a member of the renowned Fortune 500, the company serves as the financial holding entity for First-Citizens Bank & Trust Company, or First Citizens Bank. The bank operates its headquarters with a focus on strength and stability, customized for long-term growth.
With an extensive portfolio of banking services, First Citizens provides reliable support through a vast network of branches across the country. They excel in a variety of services, including commercial banking, lending, leasing, and innovative banking solutions tailored for businesses at every life stage. Additionally, the firm emphasizes personalized client interactions, enabling individuals and businesses to grow and manage their wealth effectively. Interested parties can discover more about their services and offerings at firstcitizens.com.
Contact Information
For those seeking further insights or information regarding First Citizens BancShares, the following contacts are available:
Investor Relations:
Deanna Hart
Phone: 919-716-2137
Corporate Communications:
Angela English
Phone: 803-931-1854
Frequently Asked Questions
What dividends were declared by First Citizens BancShares?
First Citizens BancShares declared a $1.95 quarterly dividend for common stock, alongside several dividends for preferred stock categories.
When will the dividends be paid?
The dividends will be paid on a specified future date to holders of record prior to that date.
What is the significance of these dividends?
These dividends highlight First Citizens BancShares' strong financial performance and commitment to rewarding shareholders.
Who can I contact for more information?
For further inquiries, you can contact Deanna Hart for Investor Relations or Angela English for Corporate Communications.
Where can I find more information about First Citizens BancShares?
More information about the financial services and offerings can be found on their official website, firstcitizens.com.
