First Bancshares's last quarterly dividend of $0.25 per share was on Feb 6, 2024 (ex-date). The annualized dividend payment of $0.94 per share represents a current dividend yield of 3.75%. The latest FBMS payout of $0.25 marks a dividend growth of 4.2%.
First Bancshares's dividend yield of 3.75% is higher than the Financial Services sector and its peers average. In comparison with the Financial Services sector average of 3.41%, First Bancshares's dividend yield is 10% higher. Historically FBMS's dividend yield has averaged at 1.9% 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 21% since one year ago. And with the stock price up by 9% from a year ago, the dividend yield marks an increase of 11%.
Ex-date | Payment date | Declared on | Amount | Type |
---|---|---|---|---|
Feb 6, 2024 | Feb 23, 2024 | Jan 24, 2024 | $0.25 | normal |
Nov 7, 2023 | Nov 24, 2023 | Oct 25, 2023 | $0.24 | normal |
Aug 7, 2023 | Aug 24, 2023 | Jul 26, 2023 | $0.23 | normal |
May 5, 2023 | May 24, 2023 | Apr 26, 2023 | $0.22 | normal |
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 39% is above its peers average but below the Financial Services sector average. But compared to its Financial Services sector average of 39.6%, First Bancshares's payout ratio is only 1.5% lower.
Name | Dividend yield | DPS | Payout ratio |
---|---|---|---|
RF Regions Financial Corp | 4.69% | $0.92 | 43.6% |
FHN First Horizon Corp | 4.05% | $0.6 | 38% |
FBMS First Bancshares Inc | 3.93% | $0.94 | 39% |
TRMK Trustmark Corp | 3.06% | $0.92 | 33.9% |
RNST Renasant Corp | 2.95% | $0.88 | 34.1% |
Yes, First Bancshares has been paying dividends for the last 14 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 2024.
First Bancshares's last regular dividend was on Feb 6, 2024 (ex-date) with the amount of $0.25 per share.
FBMS's annualized dividend per share is $0.94.
First Bancshares's current dividend yield is 3.75%.
First Bancshares pays dividends quarterly.
The dividend payout ratio of First Bancshares is 39%.
First Bancshares's dividend yield is higher than the Financial Services sector average.