First Bancshares's last quarterly dividend of $0.21 per share was on Feb 7, 2023 (ex-date). The annualized dividend payment of $0.78 per share represents a current dividend yield of 3.05%. The latest FBMS payout of $0.21 marks a dividend growth of 5%.
First Bancshares's dividend yield of 3.05% is lower than the Financial Services sector, the industry and its peers average. In comparison with the Financial Services sector average of 3.32%, First Bancshares's dividend yield is 8% lower. Historically FBMS's dividend yield has averaged at 1.4% in the last 5 years, which is lower than the current one.
First Bancshares has a history of paying dividends since 2010. Our records of FBMS show that the company has issued four quarterly dividends in the last twelve months. The annualized DPS marks an increase of 26% since one year ago. And with the stock price down by 26% from a year ago, the dividend yield marks an increase of 70%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Feb 7, 2023 | Feb 24, 2023 | Jan 25, 2023 | $0.21 | normal |
| Nov 7, 2022 | Nov 25, 2022 | Oct 27, 2022 | $0.2 | normal |
| Aug 5, 2022 | Aug 25, 2022 | Jul 27, 2022 | $0.19 | normal |
| May 9, 2022 | May 25, 2022 | Apr 26, 2022 | $0.18 | normal |
| Feb 9, 2022 | Feb 25, 2022 | $0.17 | normal | |
| Nov 9, 2021 | Nov 26, 2021 | Oct 25, 2021 | $0.16 | normal |
| Aug 9, 2021 | Aug 25, 2021 | Jul 26, 2021 | $0.15 | normal |
| May 7, 2021 | May 25, 2021 | Apr 21, 2021 | $0.14 | normal |
| Feb 9, 2021 | Feb 25, 2021 | $0.13 | normal | |
| Nov 9, 2020 | Nov 24, 2020 | Oct 26, 2020 | $0.12 | normal |
| Aug 7, 2020 | Aug 24, 2020 | Jul 27, 2020 | $0.1 | normal |
| May 8, 2020 | May 26, 2020 | Apr 16, 2020 | $0.1 | normal |
| Feb 6, 2020 | Feb 21, 2020 | Jan 16, 2020 | $0.1 | normal |
| Nov 7, 2019 | Nov 22, 2019 | Oct 17, 2019 | $0.08 | normal |
| Aug 8, 2019 | Aug 23, 2019 | Jul 18, 2019 | $0.08 | normal |
| May 9, 2019 | May 24, 2019 | Apr 22, 2019 | $0.08 | normal |
| Feb 8, 2019 | Feb 26, 2019 | Jan 17, 2019 | $0.07 | normal |
| Nov 6, 2018 | Nov 23, 2018 | Oct 18, 2018 | $0.05 | normal |
| Aug 6, 2018 | Aug 22, 2018 | Jul 19, 2018 | $0.05 | normal |
| May 4, 2018 | May 22, 2018 | Apr 19, 2018 | $0.05 | normal |
| Feb 2, 2018 | Feb 22, 2018 | Jan 18, 2018 | $0.05 | normal |
| Nov 2, 2017 | Nov 22, 2017 | Oct 19, 2017 | $0.038 | normal |
| Aug 2, 2017 | Aug 24, 2017 | Jul 20, 2017 | $0.038 | normal |
| May 1, 2017 | May 24, 2017 | Apr 20, 2017 | $0.038 | normal |
| Feb 2, 2017 | Feb 24, 2017 | Jan 19, 2017 | $0.038 | normal |
| Nov 2, 2016 | Nov 23, 2016 | Oct 14, 2016 | $0.038 | normal |
| Aug 4, 2016 | Aug 25, 2016 | Jul 22, 2016 | $0.038 | normal |
| May 4, 2016 | May 23, 2016 | Apr 21, 2016 | $0.038 | normal |
First Bancshares's payout ratio of 27.3% is below the Financial Services sector and the industry average. Compared to its Financial Services sector average of 30.6%, First Bancshares's payout ratio is 11% lower.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| RF Regions Financial Corp | 4.13% | $0.77 | 33.6% |
| TRMK Trustmark Corp | 3.65% | $0.92 | 78.6% |
| FHN First Horizon Corp | 3.42% | $0.6 | 37% |
| FBMS First Bancshares Inc | 3.05% | $0.78 | 27.3% |
| RNST Renasant Corp | 2.82% | $0.88 | 29.6% |
Yes, First Bancshares has been paying dividends for the last 13 years.
FBMS hasn't announced its next dividend date yet, however if we take into account its recent dividend frequency, it is likely that its next dividend will be in May 2023.
First Bancshares's last regular dividend was on Feb 7, 2023 (ex-date) with the amount of $0.21 per share.
FBMS's annualized dividend per share is $0.78.
First Bancshares's current dividend yield is 3.05%.
First Bancshares pays dividends quarterly.
The dividend payout ratio of First Bancshares is 27.3%.
First Bancshares's dividend yield is lower than the Financial Services sector average.