PR Newswire
SOUTHERN PINES, N.C. , March 15, 2021 /PRNewswire/ -- The Board of Directors of First Bancorp (NASDAQ - FBNC), the parent company of First Bank, has declared a cash dividend on its common stock of $0.20 per share payable on April 25, 2021 to shareholders of record as of March 31 , 2021. The $0.20 dividend rate represents an 11.1% increase over the previous dividend rate of $0.18 .
First Bancorp is a bank holding company headquartered in Southern Pines, North Carolina , with total assets of approximately $7.3 billion . Its principal activity is the ownership and operation of First Bank, a state-chartered community bank that operates 101 branches in North Carolina and South Carolina. First Bank also provides SBA loans to customers through its nationwide network of lenders – for more information on First Bank's SBA lending capabilities, please visit www.firstbanksba.com . First Bancorp's common stock is traded on the NASDAQ Global Select market under the symbol "FBNC."
Please visit our website at www.LocalFirstBank.com .
SOURCE First Bancorp