STUART, Fla., Nov. 21 /PRNewswire-FirstCall/ -- The board of directors
of Seacoast Banking Corporation of Florida (Nasdaq: SBCF), a bank holding
company whose principal banking subsidiary is Seacoast National Bank, today
announced approval of a 6.7 percent increase in the cash dividend paid on
the Company's common stock. The quarterly dividend will increase to $0.16
from the current $0.15 per share and the indicated annual rate will
increase to $0.64 from $0.60. The dividend is payable on January 2, 2007 to
shareholders of record on December 21, 2006.
(Logo: http://www.newscom.com/cgi-bin/prnh/20050916/SEACOASTLOGO )
Seacoast, with approximately $2.3 billion in assets, is one of the
largest independent commercial banking organizations in Florida. Seacoast
has 44 offices in South and Central Florida and is headquartered on
Florida's Treasure Coast, which is one of the wealthiest and fastest
growing areas in the nation.
SOURCE Seacoast Banking Corporation of Florida
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Related links:
http://www.seacoastbanking.net/
Photo Notes:
NewsCom: http://www.newscom.com/cgi-bin/prnh/20050916/SEACOASTLOGO
AP Archive: http://photoarchive.ap.org
PRN Photo Desk, photodesk@prnewswire.com
CONTACT:
Dennis S. Hudson, III, Chairman and Chief
Executive Officer, +1-772-288-6086, or William R. Hahl, Executive
Vice President-Chief Financial Officer, +1-772-221-2825, both of
Seacoast Banking Corporation of Florida
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