FIRST CITIZENS BANCSHARES DECLARES DIVIDENDS | FCNCA Stock News

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3 days ago
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  • First Citizens BancShares (FCNCA, Financial) has declared a quarterly dividend of $1.95 per share for both Class A and Class B common stock.
  • Preferred stock dividends include $13.4375 for Series A, $21.56925 for Series B, and $0.351563 for Series C per share.
  • Dividends will be paid on June 16, 2025, to shareholders recorded by May 30, 2025.

First Citizens BancShares, Inc. (Nasdaq: FCNCA) announced its financial outlook for Q2 2025 with the declaration of quarterly dividends for both common and preferred stockholders. The company has declared a dividend of $1.95 per share for its Class A and Class B common stock.

Furthermore, the board has authorized dividend payouts for its preferred stock. Series A preferred stock will deliver a non-cumulative perpetual dividend of $13.4375 per share, equivalent to $0.335938 per depositary share. The Series B preferred stock will have a payout of $21.56925 per share, and Series C will offer $0.351563 per share.

All dividends are slated for distribution on June 16, 2025, with eligibility limited to shareholders recorded as of May 30, 2025. This announcement underscores First Citizens BancShares' ongoing financial stability and strong cash flow position, as the bank continues to reward its investors consistently.

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I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.