Seacoast Banking Corporation's New Quarterly Dividend Announcement
Seacoast Banking Corporation Announces Quarterly Dividend
Seacoast Banking Corporation of Florida, a leading community bank, has made an important announcement regarding its financial commitment to shareholders. The Company declared a quarterly cash dividend of $0.18 per share on its common stock, which reflects its robust financial health and dedication to returning value to its investors.
Details of the Cash Dividend
The dividend will be payable to shareholders on December 31, 2024, with the record date set for December 13, 2024. This decision by the Board of Directors reinforces Seacoast's ongoing strategy to reward its investors, showcasing confidence in its operational performance and future growth prospects.
About Seacoast Banking Corporation
Seacoast Banking Corporation operates through its subsidiary, Seacoast National Bank, ranking among the largest community banks located in Florida. As of mid-2024, the bank had approximately $15.0 billion in total assets and $12.1 billion in deposits. Such substantial figures demonstrate the institution's stability and relevance in the financial landscape.
Comprehensive Banking Services
The Company provides a full range of financial services, including commercial and consumer banking, wealth management, and mortgage solutions. With 77 full-service branches operating across Florida, Seacoast is well-positioned to meet the diverse needs of its customer base.
Technological Innovations in Banking
In addition to its branch network, Seacoast is committed to enhancing customer experience through advanced mobile and online banking platforms. These digital solutions enable clients to manage their finances seamlessly, reflecting the evolving nature of banking today.
Contact Information
For inquiries regarding the dividend or other corporate matters, shareholders can reach out to the Chief Financial Officer, Tracey L. Dexter, at (772) 403-0461. This direct contact offers transparency and reinforces the Company's commitment to effective communication with its stakeholders.
Looking Towards the Future
As Seacoast Banking Corporation continues to operate in a competitive landscape, this quarterly dividend declaration signifies its healthy financial standing and operational strategy aimed at long-term growth. Shareholders can look forward to further developments as the Company navigates its business strategy to enhance shareholder value.
Frequently Asked Questions
What is the declared quarterly dividend amount?
The declared quarterly dividend amount is $0.18 per share.
When will the dividend be paid?
The dividend will be payable on December 31, 2024.
What is the record date for the dividend?
The record date for the dividend is December 13, 2024.
How does Seacoast Banking Corporation support its shareholders?
Seacoast supports its shareholders by declaring dividends and maintaining strong operational performance that enhances shareholder value.
What services does Seacoast Banking Corporation offer?
Seacoast offers diverse financial services, including commercial and consumer banking, wealth management, and mortgage services.
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