First BanCorp Announces Increase in Quarterly Cash Dividend to $0.07 Per Share
First BanCorp Announces Increase in Quarterly Cash Dividend to $0.07 Per Share First BanCorp. (the Corporation) (NYSE: FBP), the bank holding company for FirstBank Puerto Rico, announced today that its Board of Directors has declared a quarterly cash dividend of $0.07 per share, which represents an increase of $0.02 per common share compared to its most recent dividend paid on December 11, 2020. The dividend is payable on March 12, 2021 to shareholders of record at the close of business on February 26, 2021. We are very pleased to provide an increase to the quarterly cash dividend payment on the Corporations common stock from $0.05 to $0.07 commencing in the first quarter of 2021, the dividend increase is well supported by our current and projected earnings as we continue executing our business plan, said Aurelio Alem¡n, President and CEO of Corporation.