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First Citrus Bancorp pays special dividend

January 20, 2020 -

First Citrus Bancorporation Inc. will pay a special cash dividend to all shareholders. The board of directors decided Jan. 16 to pay the 40-cent special cash dividend per share to all holders of common, Class A Preferred, and Class B Preferred stock, a news release said. The dividend is payable on March 4 to shareholders of record as of Feb. 18, 2020. The dividend represents a 60 percent increase over the special cash dividend paid during the first quarter of 2019, according to First Citrus (OTC: FCIT), the Tampa-based parent company of First Citrus Bank, with $416 million as of Sept. 30.

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