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FBNC First Bancorp dividend history, payout ratio & dates

First Bancorp's last quarterly cash dividend of $0.22 per share was issued to shareholders on record before Jun 28, 2024. At an annualized rate of $0.88 per share, the stock yields 2.04%.

Key dates

  • FBNC last dividend date: Jun 28, 2024
  • FBNC next dividend date: Not announced
FBNC dividend stats
DPS
$0.88
Dividend yield
2.04%
Payout ratio
31.7%
vs. Financial Services sector
Dividend yield
2.83%
Payout ratio
41.2%

Dividend yield

What is First Bancorp current dividend yield

FBNC has a dividend yield of 2.04% which is below the Financial Services sector and the industry average. Compared to its Financial Services sector average of 2.83%, First Bancorp's dividend yield is 28% lower. The historical 5-year average of FBNC's dividend yield is 2.3%, which is above the current yield.

Dividend history

What is FBNC dividend payout history and dates

First Bancorp has been paying dividends for the last 30 years. According to our records FBNC has distributed five quarterly dividends in the past year. The annualized dividend per share has remained the same for the last twelve months. However with the stock price up by 22% from a year ago, the dividend yield has decreased by 18%.

Recent dividends

Ex-date Payment date Declared on Amount Type
Jun 28, 2024 Jul 25, 2024 Jun 14, 2024 $0.22 normal
Mar 27, 2024 Apr 25, 2024 Mar 15, 2024 $0.22 normal
Dec 28, 2023 Jan 25, 2024 Dec 15, 2023 $0.22 normal
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

First Bancorp dividend payout ratio

What is First Bancorp dividend payout ratio compared to the sector

Payout ratio

FBNC has a payout ratio of 31.7% which is lower than the Financial Services sector and the industry average. If we compare it with the Financial Services sector average of 41.2%, First Bancorp's payout ratio is 23% lower.

Total amount of dividends paid per financial year (from cash flow)

FBNC dividend vs peer dividends

How does FBNC dividend compare to its peers' dividends
Name Dividend yield DPS Payout ratio
PEBK Peoples Bancorp Of North Carolina Inc 2.38% $0.76 25.1%
FBNC First Bancorp 2.04% $0.88 31.7%
FCNCA First Citizens Bancshares Inc 0.27% $5.67 3.1%

Frequently asked questions

Does First Bancorp pay a dividend?

Yes, First Bancorp has been paying dividends for the last 30 years.

When is First Bancorp's next dividend?

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 September 2024.

When was FBNC's last dividend?

First Bancorp's last regular dividend was on Jun 28, 2024 (ex-date) with the amount of $0.22 per share.

How much dividend does First Bancorp pay (per share)?

FBNC's annualized dividend per share is $0.88.

What is First Bancorp's dividend yield?

The current dividend yield of First Bancorp is 2.04%.

How often does First Bancorp pay dividends?

First Bancorp has a quarterly dividend frequency.

What is First Bancorp's dividend payout ratio?

First Bancorp's dividend payout ratio is 31.7%.

Does First Bancorp pay a good dividend?

First Bancorp's dividend yield is below the Financial Services sector average.