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Today's Date:
Release Date:
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August 17, 1999
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 THIRD 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 today a third quarter cash dividend on the Company's Class A Stock of $0.24 per share, an indicated annual dividend of $0.96.
The board of directors also declared a third quarter cash dividend on the Company's Class B stock of $0.218 per share, an indicated annual dividend of $0.872.
The dividends are payable on September 30, 1999 to shareholders of record on September 17, 1999.
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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