By Colin Kellaher
First BanCorp (Puerto Rico)'s board has raised the bank holding company's quarterly dividend by 11%, to 20 cents from 18 cents.
The new payout, equal to 80 cents a year, represents an annual yield of about 3.87% based on Friday's closing price of $20.66, up from 3.48%.
The San Juan, Puerto Rico, company on Monday said the increased dividend is payable March 13 to shareholders of record Feb. 26.
Write to Colin Kellaher at colin.kellaher@wsj.com
(END) Dow Jones Newswires
January 26, 2026 07:25 ET (12:25 GMT)
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