# First Citizens Raises Quarterly Dividend 7.1% to $2.25 a Share

By John Kim

Canonical URL: https://www.tokenpost.com/news/business/41333
Published: 2026-10-26T21:06:02.000Z
Updated: 2026-10-26T21:06:02.000Z
Section: Business

> The payment is due Dec. 15 to shareholders of record Nov. 30. The previous quarterly dividend was $2.10 per share.

The bank will pay $2.25 a quarter on each Class A and Class B common share, a 7.1% increase from the prior rate.

The dividend is payable Dec. 15 to holders of record Nov. 30. The previous quarterly payment was $2.10 per share and was payable Sept. 15.

The board declared the dividend Oct. 23, the same day the company reported third-quarter 2026 results and announced a share repurchase authorization of up to $1.2 billion for 2027.

The Raleigh, North Carolina-based company trades on Nasdaq under the ticker FCNCA. Shareholders of record Nov. 30 are scheduled to receive the new payment Dec. 15.