Sun. Jun 4th, 2023

By Denny Jacob

First Enterprise Monetary Companies Inc. on Friday mentioned it raised its quarterly money dividend to 22.75 cents a share from 19.75 cents.

The financial institution holding firm, which suppliers business banking providers, mentioned the dividend is payable on Feb. 16 to shareholders of file on the shut of enterprise on Feb. 6.

First Enterprise’ board additionally declared a dividend on the corporate’s Collection A most popular inventory of $17.50 a share, payable on March 15 to shareholders of file on Feb. 28.

The board on Friday additionally licensed a share repurchase authorization of $5 million.

Write to Denny Jacob at [email protected]

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