TAMPA, Fla.--(BUSINESS WIRE)--The Board of Directors of First Citrus Bancorporation, Inc. (OTCPink:FCIT) declared on August 18th, 2016 a 5% stock dividend per share of Common, Class A Preferred, and Class B Preferred. The dividend is payable on October 17th, 2016 to shareholders of record as of Oct 3rd, 2016. The dividend will increase the number of shares currently outstanding by 78,544 shares bringing total outstanding shares to 1,649,416. This dividend will be the third stock dividend paid to shareholders since the Company's inception in February 1999.
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