First Citizens BancShares, Inc. (NASDAQ:FCNCO) to Issue $0.35 Quarterly Dividend

First Citizens BancShares, Inc. (NASDAQ:FCNCO) announced a quarterly dividend on Friday, January 23rd. Investors of record on Friday, February 27th will be paid a dividend of 0.3516 per share on Monday, March 16th. This represents a c) annualized dividend and a yield of 6.3%. The ex-dividend date of this dividend is Friday, February 27th.

First Citizens BancShares Price Performance

NASDAQ:FCNCO traded up $0.11 during trading hours on Friday, hitting $22.25. 1,663 shares of the company traded hands, compared to its average volume of 11,724. The firm’s 50-day simple moving average is $21.77 and its 200-day simple moving average is $22.43. First Citizens BancShares has a one year low of $20.57 and a one year high of $23.91.

About First Citizens BancShares

First Citizens BancShares, Inc is the bank holding company for First Citizens Bank, a full-service commercial bank headquartered in Raleigh, North Carolina. Established in 1898, the company operates a network of branches across the United States, with a strong presence in the Southeast, Mid-Atlantic and select Western markets. As a publicly traded company listed on NASDAQ under the ticker FCNCO, First Citizens BancShares serves both retail and institutional clients through a diversified platform of banking services.

The company’s core business activities include deposit taking, commercial and consumer lending, and mortgage origination.