{"id":393206,"date":"2020-12-03T16:33:09","date_gmt":"2020-12-03T21:33:09","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=393206"},"modified":"2020-12-03T16:33:09","modified_gmt":"2020-12-03T21:33:09","slug":"first-bancorp-announces-payment-of-dividends-on-preferred-stock-4","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/first-bancorp-announces-payment-of-dividends-on-preferred-stock-4\/","title":{"rendered":"First BanCorp. Announces Payment of Dividends on Preferred Stock"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }\n.bwalignr { text-align: right; list-style-position: inside }\n.bwblockalignc { margin-left: auto; margin-right: auto }\n.bwcellpmargin { margin-bottom: 0px; margin-top: 0px }\n.bwleftsingle { border-left: solid black 1pt }\n.bwnowrap { white-space: nowrap }\n.bwpadl0 { padding-left: 0px }\n.bwpadr0 { padding-right: 0px }\n.bwrightsingle { border-right: solid black 1pt }\n.bwsinglebottom { border-bottom: solid black 1pt }\n.bwtablemarginb { margin-bottom: 10px }\n.bwvertalignb { vertical-align: bottom }\n.bwvertalignm { vertical-align: middle }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>First BanCorp. Announces Payment of Dividends on Preferred Stock<\/b><\/p>\n<p>SAN JUAN, Puerto Rico&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nFirst BanCorp. (the \u201cCorporation\u201d) (NYSE: FBP), the bank holding company for FirstBank Puerto Rico, announced today that its Board of Directors has declared the following monthly cash dividends on its outstanding shares of Series A through E Noncumulative Perpetual Monthly Income Preferred Stock (the \u201cPreferred Stock\u201d):\n<\/p>\n<table cellspacing=\"0\" class=\"bwtablemarginb bwblockalignc\">\n<tr>\n<td class=\"bwalignc bwvertalignb bwpadl0 bwsinglebottom\" rowspan=\"1\" colspan=\"1\" \/>\n<td class=\"bwsinglebottom\" rowspan=\"1\" colspan=\"1\" \/>\n<td class=\"bwvertalignb bwpadl0 bwsinglebottom\" rowspan=\"1\" colspan=\"1\" \/>\n<td class=\"bwsinglebottom\" rowspan=\"1\" colspan=\"1\" \/>\n<td class=\"bwvertalignb bwpadl0 bwsinglebottom\" rowspan=\"1\" colspan=\"1\" \/>\n<td class=\"bwsinglebottom\" rowspan=\"1\" colspan=\"1\" \/>\n<td class=\"bwvertalignb bwpadl0 bwsinglebottom\" rowspan=\"1\" colspan=\"1\" \/>\n<td class=\"bwsinglebottom\" rowspan=\"1\" colspan=\"1\" \/>\n<td class=\"bwvertalignb bwpadl0 bwsinglebottom\" rowspan=\"1\" colspan=\"1\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td class=\"bwalignc bwvertalignm bwpadl0 bwsinglebottom bwleftsingle bwnowrap\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignc bwcellpmargin\">\nSeries\n<\/p>\n<\/td>\n<td class=\"bwsinglebottom bwleftsingle\" rowspan=\"1\" colspan=\"1\" \/>\n<td class=\"bwalignc bwvertalignm bwpadl0 bwsinglebottom bwnowrap\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignc bwcellpmargin\">\nMonthly Dividend<br \/>\n<br \/>Per Share\n<\/p>\n<\/td>\n<td class=\"bwsinglebottom bwleftsingle\" rowspan=\"1\" colspan=\"1\" \/>\n<td class=\"bwalignc bwvertalignm bwpadl0 bwsinglebottom bwnowrap\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignc bwcellpmargin\">\nOutstanding<br \/>\n<br \/>Shares\n<\/p>\n<\/td>\n<td class=\"bwsinglebottom bwleftsingle\" rowspan=\"1\" colspan=\"1\" \/>\n<td class=\"bwalignc bwvertalignm bwpadl0 bwsinglebottom bwnowrap\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignc bwcellpmargin\">\nRecord Date\n<\/p>\n<\/td>\n<td class=\"bwsinglebottom bwleftsingle\" rowspan=\"1\" colspan=\"1\" \/>\n<td class=\"bwalignc bwvertalignm bwpadl0 bwsinglebottom bwrightsingle bwnowrap\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignc bwcellpmargin\">\nPayment Date\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"bwalignc bwvertalignm bwpadl0 bwsinglebottom bwleftsingle\" rowspan=\"1\" colspan=\"1\">A<\/td>\n<td class=\"bwsinglebottom bwleftsingle\" rowspan=\"1\" colspan=\"1\" \/>\n<td class=\"bwalignr bwpadl0 bwpadr0 bwvertalignb bwsinglebottom\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignr bwcellpmargin\">\n$0.14843750\n<\/p>\n<\/td>\n<td class=\"bwsinglebottom bwleftsingle\" rowspan=\"1\" colspan=\"1\" \/>\n<td class=\"bwalignc bwpadl0 bwpadr0 bwvertalignb bwsinglebottom\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin bwalignc\">\n197,386\n<\/p>\n<\/td>\n<td class=\"bwsinglebottom bwleftsingle\" rowspan=\"1\" colspan=\"1\" \/>\n<td class=\"bwalignr bwvertalignm bwpadl0 bwsinglebottom\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignr bwcellpmargin\">\nDecember 29, 2020\n<\/p>\n<\/td>\n<td class=\"bwsinglebottom bwleftsingle\" rowspan=\"1\" colspan=\"1\" \/>\n<td class=\"bwalignr bwvertalignm bwpadl0 bwsinglebottom bwrightsingle\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignr bwcellpmargin\">\nDecember 31, 2020\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"bwalignc bwvertalignm bwpadl0 bwsinglebottom bwleftsingle\" rowspan=\"1\" colspan=\"1\">B<\/td>\n<td class=\"bwsinglebottom bwleftsingle\" rowspan=\"1\" colspan=\"1\" \/>\n<td class=\"bwalignr bwpadl0 bwpadr0 bwvertalignb bwsinglebottom\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignr bwcellpmargin\">\n$0.17395800\n<\/p>\n<\/td>\n<td class=\"bwsinglebottom bwleftsingle\" rowspan=\"1\" colspan=\"1\" \/>\n<td class=\"bwalignc bwpadl0 bwpadr0 bwvertalignb bwsinglebottom\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin bwalignc\">\n296,146\n<\/p>\n<\/td>\n<td class=\"bwsinglebottom bwleftsingle\" rowspan=\"1\" colspan=\"1\" \/>\n<td class=\"bwalignr bwvertalignm bwpadl0 bwsinglebottom\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignr bwcellpmargin\">\nDecember 15, 2020\n<\/p>\n<\/td>\n<td class=\"bwsinglebottom bwleftsingle\" rowspan=\"1\" colspan=\"1\" \/>\n<td class=\"bwalignr bwvertalignm bwpadl0 bwsinglebottom bwrightsingle\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignr bwcellpmargin\">\nDecember 31, 2020\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"bwalignc bwvertalignm bwpadl0 bwsinglebottom bwleftsingle\" rowspan=\"1\" colspan=\"1\">C<\/td>\n<td class=\"bwsinglebottom bwleftsingle\" rowspan=\"1\" colspan=\"1\" \/>\n<td class=\"bwalignr bwpadl0 bwpadr0 bwvertalignb bwsinglebottom\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignr bwcellpmargin\">\n$0.15416670\n<\/p>\n<\/td>\n<td class=\"bwsinglebottom bwleftsingle\" rowspan=\"1\" colspan=\"1\" \/>\n<td class=\"bwalignc bwpadl0 bwpadr0 bwvertalignb bwsinglebottom\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin bwalignc\">\n249,852\n<\/p>\n<\/td>\n<td class=\"bwsinglebottom bwleftsingle\" rowspan=\"1\" colspan=\"1\" \/>\n<td class=\"bwalignr bwvertalignm bwpadl0 bwsinglebottom\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignr bwcellpmargin\">\nDecember 15, 2020\n<\/p>\n<\/td>\n<td class=\"bwsinglebottom bwleftsingle\" rowspan=\"1\" colspan=\"1\" \/>\n<td class=\"bwalignr bwvertalignm bwpadl0 bwsinglebottom bwrightsingle\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignr bwcellpmargin\">\nDecember 31, 2020\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"bwalignc bwvertalignm bwpadl0 bwsinglebottom bwleftsingle\" rowspan=\"1\" colspan=\"1\">D<\/td>\n<td class=\"bwsinglebottom bwleftsingle\" rowspan=\"1\" colspan=\"1\" \/>\n<td class=\"bwalignr bwpadl0 bwpadr0 bwvertalignb bwsinglebottom\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignr bwcellpmargin\">\n$0.15104167\n<\/p>\n<\/td>\n<td class=\"bwsinglebottom bwleftsingle\" rowspan=\"1\" colspan=\"1\" \/>\n<td class=\"bwalignc bwpadl0 bwpadr0 bwvertalignb bwsinglebottom\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin bwalignc\">\n285,522\n<\/p>\n<\/td>\n<td class=\"bwsinglebottom bwleftsingle\" rowspan=\"1\" colspan=\"1\" \/>\n<td class=\"bwalignr bwvertalignm bwpadl0 bwsinglebottom\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignr bwcellpmargin\">\nDecember 15, 2020\n<\/p>\n<\/td>\n<td class=\"bwsinglebottom bwleftsingle\" rowspan=\"1\" colspan=\"1\" \/>\n<td class=\"bwalignr bwvertalignm bwpadl0 bwsinglebottom bwrightsingle\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignr bwcellpmargin\">\nDecember 31, 2020\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"bwalignc bwvertalignm bwpadl0 bwsinglebottom bwleftsingle\" rowspan=\"1\" colspan=\"1\">E<\/td>\n<td class=\"bwsinglebottom bwleftsingle\" rowspan=\"1\" colspan=\"1\" \/>\n<td class=\"bwalignr bwpadl0 bwpadr0 bwvertalignb bwsinglebottom\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignr bwcellpmargin\">\n$0.14583330\n<\/p>\n<\/td>\n<td class=\"bwsinglebottom bwleftsingle\" rowspan=\"1\" colspan=\"1\" \/>\n<td class=\"bwalignc bwpadl0 bwpadr0 bwvertalignb bwsinglebottom\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin bwalignc\">\n415,240\n<\/p>\n<\/td>\n<td class=\"bwsinglebottom bwleftsingle\" rowspan=\"1\" colspan=\"1\" \/>\n<td class=\"bwalignr bwvertalignm bwpadl0 bwsinglebottom\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignr bwcellpmargin\">\nDecember 15, 2020\n<\/p>\n<\/td>\n<td class=\"bwsinglebottom bwleftsingle\" rowspan=\"1\" colspan=\"1\" \/>\n<td class=\"bwalignr bwvertalignm bwpadl0 bwsinglebottom bwrightsingle\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwalignr bwcellpmargin\">\nDecember 31, 2020\n<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"bwalignc bwvertalignb bwpadl0\" rowspan=\"1\" colspan=\"1\" \/>\n<td rowspan=\"1\" colspan=\"1\" \/>\n<td class=\"bwvertalignb bwpadl0\" rowspan=\"1\" colspan=\"1\" \/>\n<td rowspan=\"1\" colspan=\"1\" \/>\n<td class=\"bwvertalignb bwpadl0\" rowspan=\"1\" colspan=\"1\" \/>\n<td rowspan=\"1\" colspan=\"1\" \/>\n<td class=\"bwvertalignb bwpadl0\" rowspan=\"1\" colspan=\"1\" \/>\n<td rowspan=\"1\" colspan=\"1\" \/>\n<td class=\"bwvertalignb bwpadl0\" rowspan=\"1\" colspan=\"1\">\u00a0<\/td>\n<\/tr>\n<\/table>\n<p><b>About First BanCorp.<\/b><\/p>\n<p>\nFirst BanCorp. is the parent corporation of FirstBank Puerto Rico, a state-chartered commercial bank with operations in Puerto Rico, the U.S. and British Virgin Islands and Florida, and of FirstBank Insurance Agency, LLC. Among the subsidiaries of FirstBank Puerto Rico are First Federal Finance Limited Liability Company and First Express, Inc., both small loan companies. First BanCorp\u2019s shares of common stock trade on the New York Stock Exchange under the symbol \u201cFBP.\u201d\n<\/p>\n<p><b>Safe Harbor<\/b><\/p>\n<p>\nThis press release may contain \u201cforward-looking statements\u201d concerning the Corporation. The words or phrases \u201cexpect,\u201d \u201canticipate,\u201d \u201cintend,\u201d \u201clook forward,\u201d \u201cshould,\u201d \u201cwould,\u201d \u201cbelieves\u201d and similar expressions are meant to identify \u201cforward-looking statements\u201d within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and are subject to the safe harbor created by such sections. Such forward-looking statements include, but are not limited to, statements regarding the Corporation\u2019s ability to declare dividends on the Corporation\u2019s Preferred Stock in any future periods. Such statements are subject to known and unknown risks, uncertainties and contingencies that may cause actual results to differ materially from the expectations, intentions, beliefs, plans, estimates or predictions of the future expressed or implied by such forward-looking statements. These risks, uncertainties and contingencies include, but are not limited to the factors described in the Corporation\u2019s Annual Report on Form 10-K, in its Quarterly Reports on Form 10-Q and in other filings with the SEC. The Corporation does not undertake, and specifically disclaims any obligation, to update any \u201cforward-looking statements\u201d to reflect occurrences or unanticipated events or circumstances after the date of such statements, except as required by the federal securities laws.\n<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20201203006006r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20201203006006\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20201203006006\/en\/<\/a><\/span><\/p>\n<p><b>First BanCorp.<br \/>\n<\/b><br \/>John B. Pelling III<br \/>\n<br \/>Investor Relations Officer<br \/>\n<br \/>787-729-8003<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:john.pelling@firstbankpr.com\">john.pelling@firstbankpr.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> Caribbean Puerto Rico<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Banking Professional Services Finance<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20201203006006\/en\/230777\/3\/FB_BanCorp_NT_2CP.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>First BanCorp. Announces Payment of Dividends on Preferred Stock SAN JUAN, Puerto Rico&#8211;(BUSINESS WIRE)&#8211; First BanCorp. (the \u201cCorporation\u201d) (NYSE: FBP), the bank holding company for FirstBank Puerto Rico, announced today that its Board of Directors has declared the following monthly cash dividends on its outstanding shares of Series A through E Noncumulative Perpetual Monthly Income Preferred Stock (the \u201cPreferred Stock\u201d): \u00a0 Series Monthly Dividend Per Share Outstanding Shares Record Date Payment Date A $0.14843750 197,386 December 29, 2020 December 31, 2020 B $0.17395800 296,146 December 15, 2020 December 31, 2020 C $0.15416670 249,852 December 15, 2020 December 31, 2020 D $0.15104167 285,522 December 15, 2020 December 31, 2020 E $0.14583330 415,240 December 15, 2020 December 31, 2020 \u00a0 About First &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/first-bancorp-announces-payment-of-dividends-on-preferred-stock-4\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;First BanCorp. Announces Payment of Dividends on Preferred Stock&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-393206","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>First BanCorp. Announces Payment of Dividends on Preferred Stock - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/first-bancorp-announces-payment-of-dividends-on-preferred-stock-4\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"First BanCorp. Announces Payment of Dividends on Preferred Stock - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"First BanCorp. Announces Payment of Dividends on Preferred Stock SAN JUAN, Puerto Rico&#8211;(BUSINESS WIRE)&#8211; First BanCorp. (the \u201cCorporation\u201d) (NYSE: FBP), the bank holding company for FirstBank Puerto Rico, announced today that its Board of Directors has declared the following monthly cash dividends on its outstanding shares of Series A through E Noncumulative Perpetual Monthly Income Preferred Stock (the \u201cPreferred Stock\u201d): \u00a0 Series Monthly Dividend Per Share Outstanding Shares Record Date Payment Date A $0.14843750 197,386 December 29, 2020 December 31, 2020 B $0.17395800 296,146 December 15, 2020 December 31, 2020 C $0.15416670 249,852 December 15, 2020 December 31, 2020 D $0.15104167 285,522 December 15, 2020 December 31, 2020 E $0.14583330 415,240 December 15, 2020 December 31, 2020 \u00a0 About First &hellip; Continue reading &quot;First BanCorp. 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Announces Payment of Dividends on Preferred Stock - Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/first-bancorp-announces-payment-of-dividends-on-preferred-stock-4\/","og_locale":"en_US","og_type":"article","og_title":"First BanCorp. Announces Payment of Dividends on Preferred Stock - Market Newsdesk","og_description":"First BanCorp. Announces Payment of Dividends on Preferred Stock SAN JUAN, Puerto Rico&#8211;(BUSINESS WIRE)&#8211; First BanCorp. (the \u201cCorporation\u201d) (NYSE: FBP), the bank holding company for FirstBank Puerto Rico, announced today that its Board of Directors has declared the following monthly cash dividends on its outstanding shares of Series A through E Noncumulative Perpetual Monthly Income Preferred Stock (the \u201cPreferred Stock\u201d): \u00a0 Series Monthly Dividend Per Share Outstanding Shares Record Date Payment Date A $0.14843750 197,386 December 29, 2020 December 31, 2020 B $0.17395800 296,146 December 15, 2020 December 31, 2020 C $0.15416670 249,852 December 15, 2020 December 31, 2020 D $0.15104167 285,522 December 15, 2020 December 31, 2020 E $0.14583330 415,240 December 15, 2020 December 31, 2020 \u00a0 About First &hellip; Continue reading \"First BanCorp. 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