First Citizens BancShares Declares Dividends
April 28 2021 - 6:31AM
The Board of Directors of First Citizens BancShares Inc. (Nasdaq:
FCNCA) declared on April 27, 2021, a quarterly dividend of 47 cents
per share on the company’s Class A and Class B common stock. The
dividend is payable May 28, 2021, to shareholders of record May 14,
2021.
The Board also declared a regular quarterly dividend on the
company’s 5.375% non-cumulative perpetual preferred stock, Series
A, to be paid on June 15, 2021, to holders of record as of May 31,
2021.
There are currently 345,000 outstanding shares of the Series A
preferred stock which are held pursuant to a Deposit Agreement
dated March 12, 2020. Under that agreement, an aggregate of
13,800,000 depositary shares were issued, each representing a
1/40th interest in a share of the Series A preferred stock.
ABOUT FIRST CITIZENS
BANCSHARES
First Citizens BancShares Inc. is the financial holding company
for First Citizens Bank. First Citizens Bank provides a broad range
of financial services to individuals, businesses, professionals and
the medical community through branch offices in 19 states, digital
banking, ATMs and telephone banking. For more information, visit
First Citizens’ Web site at firstcitizens.com.
Contact: |
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Barbara ThompsonCorporate Communications919-716-2716 |
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Deanna HartInvestor Relations919-716-2137 |
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