First Citizens to Pay Series A Dividends in December

The bank will issue its quarterly dividend on December 15 to eligible shareholders of record.

Updated on Oct. 26, 2026 in Banking

Bold flat-color editorial illustration of a polished brass vault door mechanism, representing institutional stability and financial structure. — First Citizens BancShares will pay a quarterly dividend of $0.335938 per Series A depositary share on December 15, 2026, to eligible shareholders. AI Illustration. Upload story photo >

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First Citizens BancShares will pay a quarterly dividend of $0.335938 per Series A depositary share on December 15, 2026. Shareholders listed as of the November 30 record date will receive the payout.

Why it matters

The board-declared payment maintains the distribution schedule for the bank's non-cumulative perpetual preferred stock. This regular dividend provides consistent returns for investors holding the depositary shares.

The dividend represents a 1/40 interest in one underlying preferred share, equating to $13.4375 per preferred share. These Series A shares trade on the Nasdaq under the ticker FCNCP.

The players

First Citizens BancShares

This financial institution provides a range of banking services and maintains publicly traded preferred shares on the Nasdaq.

The details

The board of First Citizens BancShares authorized the payment for the non-cumulative perpetual preferred stock. Because the shares are non-cumulative, the board must declare each quarterly dividend individually.

November 30, 2026: The record date for eligible shareholders to receive the upcoming dividend.
December 15, 2026: The payment date for both the Series A and common share dividends.

Market Dynamics

The bank's dividend strategy adheres to established corporate governance standards for preferred stock distributions. These payments reflect broader trends in capital management among regional banking institutions.

Shareholders of record by November 30 will automatically receive the dividend payout on December 15. Investors should ensure their brokerage records are current to avoid any delays in processing the cash distribution.

The takeaway

Investors should note that the non-cumulative nature of these preferred shares requires board approval for every quarterly payment. Keeping track of the record date is essential for ensuring timely receipt of declared dividends.