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Today's Date:
Release Date:
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February 28, 2000
FOR IMMEDIATE RELEASE
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| For more information contact: |
Dennis S. Hudson, III
President &
Chief Executive Officer
Seacoast Banking Corporation
(561) 288-6086
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| NASDAQ-NMS: |
SBCFA |
William R. Hahl
Executive Vice President/
Chief Financial Officer
(561) 221-2825 |
SEACOAST BOARD DECLARES FIRST QUARTER DIVIDEND
STUART, FL -- The board of directors of Seacoast Banking Corporation of Florida (NASDAQ-NMS:SBCFA), a bank-holding company whose subsidiary is First National Bank & Trust Company of the Treasure Coast, declared a first quarter cash dividend on the Company's Class A Stock of $0.26 per share, an indicated annual dividend of $1.04.
The board of directors also declared a first quarter cash dividend on the Company's Class B stock of $0.236 per share, an indicated annual dividend of $0.944.
The dividends are payable on March 31, 2000 to shareholders of record on March 20, 2000.
Seacoast, with assets of over $1 billion, is the largest bank headquartered on Florida's Treasure Coast, one of the most affluent areas in Florida and among the fastest growing in the nation.
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