First Citizens BancShares Declares Quarterly Dividend on Class A and Class B Common Stock, Payable on April 6, 2020
January 29, 2020 at 02:37 am IST
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The Board of Directors of First Citizens BancShares Inc. declared a quarterly dividend of 40 cents per share on the Class A and Class B common stock. The dividend is payable on April 6, 2020, to shareholders of record on March 16, 2020.
First Citizens BancShares, Inc. is a holding company of First-Citizens Bank & Trust Company. The Company has four segments. General Banking segment delivers products and services to consumers and businesses through its network of branches and various digital channels. Commercial Banking segment provides a range of lending, leasing, capital markets, asset management and other financial and advisory services, primarily to small and middle market companies in a range of industries, including energy, healthcare, tech media and telecom, asset-backed lending, capital finance, maritime, corporate banking, aerospace and defense, and sponsor finance. Silicon Valley Banking segment offers products and services to commercial clients in key innovation markets, such as the healthcare and technology industries, as well as to private equity and venture capital firms. Rail segment offers customized leasing and financing solutions on a fleet of railcars and locomotives to railroads and shippers.