First Citizens Bancshares (FCNCA) has announced its latest dividend details. The ex-dividend date is slated for May 30th, 2025, allowing investors until this date to purchase shares and be eligible for the upcoming dividend. The company declared on Apr 22nd, 2025, that shareholders will receive a dividend of $1.950 per share on Jun 16th, 2025. This latest dividend is notably higher than the average of the last ten dividends, which stood at $0.329 per share. Previously, on Mar 17th, 2025, the company paid the same dividend amount of $1.950 per share. Both dividends are classified as cash dividends.
Recently, significant developments surrounding
have garnered attention. Over the past week, on May 21st, 2025, it was reported that Jefferies initiated coverage of First Citizens BancShares with a Hold recommendation. This coverage highlights analyst perspectives on the company's market position and outlook. Furthermore, as of late, banking and financial services stocks, including
, have seen upward movement following a temporary reduction in tariffs between the US and China. This geopolitical shift is anticipated to impact market dynamics positively. Additionally,
recently adjusted their target price for FCNCA shares from $2,535.00 to $2,200.00, maintaining a buy rating. This adjustment underscores ongoing assessments of the company's valuation and future performance expectations. Analysts have indicated these developments could influence investor sentiment and FCNCA's market trajectory.
In conclusion, First Citizens Bancshares is poised for potential shifts in market performance due to recent analyst coverage and geopolitical influences. Investors should note that the ex-dividend date on May 30th, 2025, is the last opportunity to purchase shares and qualify for the upcoming dividend. Any purchases made after this date will not be eligible for the dividend payout.
Comments
No comments yet