Seacoast Banking Corporation of Florida operates as the bank holding company for Seacoast National Bank that provides financial services to retail and commercial customers in Florida. It offers commercial and retail banking, wealth management, and mortgage services; and brokerage and annuity services. The company offers noninterest and interest-bearing demand deposit, money market, savings, and customer sweep accounts; time certificates of deposit; construction and land development, commercial and residential real estate, and commercial and financial loans; and consumer loans, including installment loans and revolving lines, as well as loans for automobiles, boats, and personal or family purposes. As of December 31, 2021, it had 54 branch and commercial lending offices. The company was founded in 1926 and is headquartered in Stuart, Florida.
Seacoast Banking of Florida Dividend Announcement
• Seacoast Banking of Florida announced a quarterly dividend of $0.18 per ordinary share which will be made payable on 2024-12-31. Ex dividend date: 2024-12-13
• Seacoast Banking of Florida annual dividend for 2024 was $0.72
• Seacoast Banking of Florida annual dividend for 2023 was $0.71
• Seacoast Banking of Florida's trailing twelve-month (TTM) dividend yield is 2.4%
• Seacoast Banking of Florida's payout ratio for the trailing twelve months (TTM) is 52.84%
Seacoast Banking of Florida Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-12-13 | $0.18 | quarterly | 2024-12-31 |
2024-09-13 | $0.18 | quarterly | 2024-09-30 |
2024-06-14 | $0.18 | quarterly | 2024-06-28 |
2024-03-14 | $0.18 | quarterly | 2024-03-29 |
2023-12-14 | $0.18 | quarterly | 2023-12-29 |
2023-09-14 | $0.18 | quarterly | 2023-09-29 |
2023-06-14 | $0.18 | quarterly | 2023-06-30 |
2023-03-14 | $0.17 | quarterly | 2023-03-31 |
2022-12-14 | $0.17 | quarterly | 2022-12-30 |
2022-09-14 | $0.17 | quarterly | 2022-09-30 |
2022-06-14 | $0.17 | quarterly | 2022-06-30 |
2022-03-14 | $0.13 | quarterly | 2022-03-31 |
2021-12-14 | $0.13 | quarterly | 2021-12-31 |
2021-09-14 | $0.13 | quarterly | 2021-09-30 |
2021-06-14 | $0.13 | quarterly | 2021-06-30 |
2009-03-13 | $0.01 | quarterly | 2009-03-31 |
2008-12-16 | $0.01 | quarterly | 2009-01-02 |
2008-09-17 | $0.01 | quarterly | 2008-09-30 |
2008-06-18 | $0.16 | quarterly | 2008-06-30 |
2008-03-17 | $0.16 | quarterly | 2008-03-31 |
2007-12-18 | $0.16 | quarterly | 2008-01-02 |
2007-09-19 | $0.16 | quarterly | 2007-09-28 |
2007-06-13 | $0.16 | quarterly | 2007-06-29 |
2007-03-16 | $0.16 | quarterly | 2007-03-30 |
2006-12-19 | $0.16 | quarterly | 2007-01-02 |
2006-09-13 | $0.15 | quarterly | 2006-09-29 |
2006-06-14 | $0.15 | quarterly | 2006-06-30 |
2006-03-17 | $0.15 | quarterly | 2006-03-31 |
2005-12-13 | $0.15 | quarterly | 2006-01-03 |
2005-09-14 | $0.15 | quarterly | 2005-09-30 |
2005-06-15 | $0.14 | quarterly | 2005-06-30 |
2005-03-11 | $0.14 | quarterly | 2005-03-31 |
2004-12-14 | $0.14 | quarterly | 2005-01-03 |
2004-09-15 | $0.14 | quarterly | 2004-09-30 |
2004-06-16 | $0.13 | quarterly | 2004-06-30 |
2004-03-15 | $0.13 | quarterly | 2004-03-31 |
2003-12-16 | $0.13 | quarterly | 2004-01-02 |
2003-09-12 | $0.13 | quarterly | 2003-09-30 |
2003-06-18 | $0.11 | quarterly | 2003-06-30 |
2003-03-14 | $0.11 | quarterly | 2003-03-31 |
2002-12-17 | $0.11 | quarterly | 2003-01-02 |
2002-09-18 | $0.10 | quarterly | 2002-09-30 |
2002-06-19 | $0.30 | quarterly | 2002-06-28 |
2002-03-15 | $0.30 | quarterly | 2002-03-29 |
Seacoast Banking of Florida Dividend per year
Seacoast Banking of Florida Dividend growth
Seacoast Banking of Florida Dividend Yield
Seacoast Banking of Florida current trailing twelve-month (TTM) dividend yield is 2.4%. Interested in purchasing Seacoast Banking of Florida stock? Use our calculator to estimate your expected dividend yield:
Seacoast Banking of Florida Financial Ratios
Seacoast Banking of Florida Dividend FAQ
Other factors to consider when evaluating Seacoast Banking of Florida as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Seacoast Banking of Florida's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Seacoast Banking of Florida publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Seacoast Banking of Florida distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Seacoast Banking of Florida are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Seacoast Banking of Florida sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Seacoast Banking of Florida distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Seacoast Banking of Florida declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Seacoast Banking of Florida's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Seacoast Banking of Florida's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.