First Bancorp's last quarterly cash dividend of $0.22 per share was issued to shareholders on record before Sep 29, 2023. At an annualized rate of $0.88 per share, the stock yields 3.13%.
FBNC has a dividend yield of 3.13% which is below the Financial Services sector and the industry average. Compared to its Financial Services sector average of 3.73%, First Bancorp's dividend yield is 16% lower. The historical 5-year average of FBNC's dividend yield is 2.1%, which is below the current yield.
First Bancorp has been paying dividends for the last 29 years. According to our records FBNC has distributed five quarterly dividends in the past year. The annualized dividend per share has increased by 2.3% for the last twelve months. And with the stock price down by 23% from a year ago, the dividend yield has increased by 33%.
Ex-date | Payment date | Declared on | Amount | Type |
---|---|---|---|---|
Sep 29, 2023 | Oct 25, 2023 | Sep 15, 2023 | $0.22 | normal |
Sep 28, 2023 | Oct 25, 2023 | Sep 15, 2023 | $0.22 | normal |
Jun 29, 2023 | Jul 25, 2023 | Jun 15, 2023 | $0.22 | normal |
Mar 30, 2023 | Apr 25, 2023 | Mar 15, 2023 | $0.22 | normal |
Dec 29, 2022 | Jan 25, 2023 | Dec 15, 2022 | $0.22 | normal |
Sep 29, 2022 | Oct 25, 2022 | Sep 15, 2022 | $0.22 | normal |
Jun 29, 2022 | Jul 25, 2022 | Jun 15, 2022 | $0.22 | normal |
Mar 30, 2022 | Apr 25, 2022 | Feb 7, 2022 | $0.22 | normal |
Dec 30, 2021 | Jan 25, 2022 | Dec 15, 2021 | $0.2 | normal |
Sep 29, 2021 | Oct 25, 2021 | Sep 15, 2021 | $0.2 | normal |
Jun 29, 2021 | Jul 25, 2021 | Jun 15, 2021 | $0.2 | normal |
Mar 30, 2021 | Apr 25, 2021 | Mar 15, 2021 | $0.2 | normal |
Dec 30, 2020 | Jan 25, 2021 | Dec 15, 2020 | $0.18 | normal |
Sep 29, 2020 | Oct 23, 2020 | Sep 15, 2020 | $0.18 | normal |
Jun 29, 2020 | Jul 24, 2020 | Jun 12, 2020 | $0.18 | normal |
Mar 30, 2020 | Apr 24, 2020 | Feb 4, 2020 | $0.18 | normal |
Dec 30, 2019 | Jan 24, 2020 | Nov 19, 2019 | $0.18 | normal |
Sep 27, 2019 | Oct 25, 2019 | Jul 30, 2019 | $0.12 | normal |
Jun 27, 2019 | Jul 25, 2019 | Apr 23, 2019 | $0.12 | normal |
Mar 28, 2019 | Apr 25, 2019 | Feb 5, 2019 | $0.12 | normal |
Dec 28, 2018 | Jan 25, 2019 | Oct 22, 2018 | $0.1 | normal |
Sep 27, 2018 | Oct 25, 2018 | Jul 24, 2018 | $0.1 | normal |
Jun 28, 2018 | Jul 25, 2018 | Jun 15, 2018 | $0.1 | normal |
Mar 28, 2018 | Apr 25, 2018 | Feb 6, 2018 | $0.1 | normal |
Dec 28, 2017 | Jan 25, 2018 | Oct 23, 2017 | $0.08 | normal |
Sep 28, 2017 | Oct 25, 2017 | Jul 25, 2017 | $0.08 | normal |
Jun 28, 2017 | Jul 25, 2017 | Jun 15, 2017 | $0.08 | normal |
Mar 29, 2017 | Apr 25, 2017 | Feb 7, 2017 | $0.08 | normal |
Dec 28, 2016 | Jan 25, 2017 | Dec 15, 2016 | $0.08 | normal |
Sep 28, 2016 | Oct 25, 2016 | Sep 15, 2016 | $0.08 | normal |
Jun 28, 2016 | Jul 25, 2016 | Apr 26, 2016 | $0.08 | normal |
FBNC has a payout ratio of 27.2% which is lower than the Financial Services sector and the industry average. If we compare it with the Financial Services sector average of 33.5%, First Bancorp's payout ratio is 19% lower.
Name | Dividend yield | DPS | Payout ratio |
---|---|---|---|
PEBK Peoples Bancorp Of North Carolina Inc | 3.36% | $0.75 | 23.6% |
FBNC First Bancorp | 3.13% | $0.88 | 27.2% |
FCNCA First Citizens Bancshares Inc | 0.22% | $3 | 0.4% |
Yes, First Bancorp has been paying dividends for the last 29 years.
FBNC hasn't announced its next dividend date yet, but if we take into consideration its recent dividend frequency, it is likely that its next dividend will be in December 2023.
First Bancorp's last regular dividend was on Sep 29, 2023 (ex-date) with the amount of $0.22 per share.
FBNC's annualized dividend per share is $0.88.
The current dividend yield of First Bancorp is 3.13%.
First Bancorp has a quarterly dividend frequency.
First Bancorp's dividend payout ratio is 27.2%.
First Bancorp's dividend yield is below the Financial Services sector average.