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

First Citizens BancShares, Inc. (NASDAQ:FCNCO) announced a quarterly dividend on Monday, January 27th,Wall Street Journal reports. Shareholders of record on Friday, February 28th will be paid a dividend of 0.3516 per share on Monday, March 17th. This represents a $1.41 annualized dividend and a dividend yield of 6.06%. The ex-dividend date of this dividend is Friday, February 28th.

First Citizens BancShares Stock Up 0.7 %

Shares of FCNCO stock traded up $0.16 during trading hours on Monday, reaching $23.20. 10,433 shares of the stock traded hands, compared to its average volume of 14,421. First Citizens BancShares has a 1-year low of $21.28 and a 1-year high of $24.83. The business has a fifty day moving average price of $23.05 and a 200 day moving average price of $23.45.

About First Citizens BancShares

First Citizens BancShares, Inc operates as the holding company for First-Citizens Bank & Trust Company that provides retail and commercial banking services to individuals, businesses, and professionals. The company's deposit products include checking, savings, money market, and time deposit accounts.