First BanCorp. ($FBP) To Go Ex-Dividend On November 25, 2020

First BanCorp. (NYSE:FBP) will begin trading ex-dividend on November 25, 2020. The quarterly dividend payment of $ 0.05 per share is scheduled to be paid on December 11, 2020. The dividend yield based on the latest trading day closing price was 2.46 percent. To secure the dividend payout, investors must buy the stock prior to the ex-dividend date of November 25, 2020.

Dividends History
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Click Here For More Historical Dividends Of First BanCorp.

First BanCorp. recently reported third quarter financial results on October 30, 2020, before market open, the Santurce based company unveiled income for the third quarter of $ 0.10 per share, from the revenue of $ 148.70 million. The quarterly earnings reduced 50.00 percent while revenues extended 2.96 percent compared with the same quarter last year.
Street analysts expected First BanCorp. recently reported third quarter financial results on October 30, 2020, before market open, the Santurce based company to report income of $ 0.12 per share on revenue of $ 152.74 million for the third quarter. The bottom line results missed street analysts by $ 0.02 or 16.67 percent, at the same time, top line results fell short of analysts by $ 4.04 million or 2.65 percent.

Stock Performance

Shares of First BanCorp. traded low $ -0.02 or -0.25 percent on Thursday, reaching $ 8.13 with volume of 1.37 million shares. First BanCorp. has traded high as $ 8.16 and has cracked $ 7.91 on the downward trend

According to the previous trading day, closing price of $ 8.13, representing a 132.86 % increase from the 52 week low of $ 3.50 and a 25.98 % decrease over the 52 week high of $ 11.01.

The company has a market capital of $ 1.77 billion and is part of the Financial Services sector and Banks – Regional – US industry.

First BanCorp. operates as the bank holding company for FirstBank Puerto Rico that provides a range of financial products and services to retail, commercial, and institutional clients. The company operates in six segments: Commercial and Corporate Banking, Consumer (Retail) Banking, Mortgage Banking, Treasury and Investments, United States Operations, and Virgin Islands Operations.

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