First Citizens raises quarterly dividend to $2.25
Key points
- First Citizens BancShares declared a quarterly common stock dividend of $2.25 per share for both Class A and Class B shareholders, up from $2.10 in the previous quarter.
- The common dividend represents a 7.1% increase and will be paid on December 15, 2026, to shareholders of record as of November 30.
- First Citizens also declared dividends across six preferred stock series, including payments of $1,750 per Series D share and $1,895.83 per Series F share.
First Citizens BancShares (NASDAQ:FCNCA) declared a quarterly common stock dividend of $2.25 per share, covering both Class A and Class B common shares.
The dividend increased 7.1% from the previous quarterly payment of $2.10 per share, representing an additional $0.15 per share.
The company's Board of Directors scheduled the common and preferred dividend payments for December 15, 2026, to shareholders of record as of November 30.
Preferred stock dividends range from $0.351563 per Series C share to $1,895.83 per Series F share, with separate depositary-share distributions for applicable series.
The new common dividend represents an annualized payment of $9 per share, assuming the company maintains four equal quarterly distributions.
Series A preferred shareholders will receive $13.4375 per share, while Series B and Series E payments total $20.546182 and $16.56 per share, respectively.
First Citizens previously maintained a $2.10 quarterly common dividend through September 2026 and issued Series F preferred stock in September, adding another class of securities eligible for quarterly distributions.
