FCAP announces a 3.2% increase in its quarterly dividend, marking a rise to $0.32 per share from $0.31.
First Capital raised its quarterly dividend by 3.2% to $0.32 per share, up from the previous $0.31. The move reflects the company’s ongoing commitment to returning value to shareholders amid stable financial performance.
The prior dividend stood at $0.31 per share, with the new payout yielding 2.04% on a forward basis. The dividend is payable on September 25 to shareholders of record as of September 11, with an ex-dividend date also set for September 11.
The announcement underscores FCAP’s confidence in its cash flow generation and long-term growth prospects.