First Citrus Bancorporation, Inc. Raises Cash Dividend by 60%

TAMPA, FL., January 20, 2020

First Citrus Bancorporation, Inc. (OTC Markets: FCIT), the parent bank holding company for First Citrus Bank, announced that its Board of Directors declared on January 16, 2020 a $0.40 special cash dividend per share for all holders of Common, Class A Preferred, and Class B Preferred stock. The dividend is payable on March 4, 2020 to shareholders of record as of February 18, 2020. This dividend represents a 60% increase over the special cash dividend paid during the first quarter of 2019.

“We love delivering increased cash dividends and profits to our shareholders and are especially excited to continue delivering value for our clients,” said John Barrett, President and CEO of First Citrus Bank.

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