TAMPA, FL., February 28, 2022 – First Citrus Bancorporation, Inc. (OTC Markets: FCIT), the parent bank holding company for First Citrus Bank, announced that its Board of Directors declared on February 17, 2022, a $0.12 special cash dividend per share on March 14, 2022, to all holders of Common, Class A Preferred and Class B Preferred stock to shareholders of record as of February 28, 2022.
“This marks our sixth consecutive year of record earnings. As we continue our long-term track record of success, we’ll evolve into considering dividends quarterly instead of annually. Thus, we are pleased to match our record operating performance with a record quarterly special dividend,” said John M. Barrett, President and Chief Executive Officer.
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