FBNC First Bancorp dividend history, payout ratio & dates
First Bancorp's last cash dividend of $0.22 per share was issued to shareholders on record before Sep 30, 2024. At an annualized rate of $0.88 per share, the stock yields 2.09%.
Key dates
- FBNC last dividend date: Sep 30, 2024
FBNC dividend stats
vs. Financial Services sector
Dividend yield
FBNC has a dividend yield of 2.09% which is below the Financial Services sector and the industry average. Compared to its Financial Services sector average of 2.78%, First Bancorp's dividend yield is 25% lower. The historical 5-year average of FBNC's dividend yield is 2.3%, which is above the current yield.
Dividend history
First Bancorp has been paying dividends for the last 30 years. According to our records FBNC has distributed four 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 51% from a year ago, the dividend yield has decreased by 34%.
Recent dividends
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| Sep 30, 2024 | $0.22 | 2.12% |
| Jun 28, 2024 | $0.22 | 2.76% |
| Mar 27, 2024 | $0.22 | 2.45% |
| Dec 28, 2023 | $0.22 | 2.33% |
| Sep 28, 2023 | $0.22 | 3.14% |
| Jun 29, 2023 | $0.22 | 2.87% |
| Mar 30, 2023 | $0.22 | 2.5% |
| Dec 29, 2022 | $0.22 | 2.03% |
| Sep 29, 2022 | $0.22 | 2.35% |
| Jun 29, 2022 | $0.22 | 2.42% |
| Mar 30, 2022 | $0.22 | 1.94% |
| Dec 30, 2021 | $0.2 | 1.75% |
| Sep 29, 2021 | $0.2 | 1.8% |
| Jun 29, 2021 | $0.2 | 1.86% |
| Mar 30, 2021 | $0.2 | 1.68% |
| Dec 30, 2020 | $0.18 | 2.14% |
| Sep 29, 2020 | $0.18 | 3.44% |
| Jun 29, 2020 | $0.18 | 2.71% |
| Mar 30, 2020 | $0.18 | 2.68% |
| Dec 30, 2019 | $0.18 | 1.34% |
| Sep 27, 2019 | $0.12 | 1.28% |
| Jun 27, 2019 | $0.12 | 1.22% |
| Mar 28, 2019 | $0.12 | 1.21% |
| Dec 28, 2018 | $0.1 | 1.23% |
| Sep 27, 2018 | $0.1 | 0.95% |
| Jun 28, 2018 | $0.1 | 0.88% |
| Mar 28, 2018 | $0.1 | 0.95% |
| Dec 28, 2017 | $0.08 | 0.9% |
| Sep 28, 2017 | $0.08 | 0.93% |
| Jun 28, 2017 | $0.08 | 1.02% |
| Mar 29, 2017 | $0.08 | 1.11% |
| Dec 28, 2016 | $0.08 | 1.16% |
| Sep 28, 2016 | $0.08 | 1.61% |
| Jun 28, 2016 | $0.08 | 1.83% |
| Mar 29, 2016 | $0.08 | 1.69% |
| Dec 29, 2015 | $0.08 | 1.65% |
| Sep 28, 2015 | $0.08 | 1.89% |
| Jun 26, 2015 | $0.08 | 1.88% |
| Mar 27, 2015 | $0.08 | 1.84% |
First Bancorp dividend payout ratio
Payout ratio
FBNC has a payout ratio of 31.9% which is lower than the Financial Services sector and the industry average. If we compare it with the Financial Services sector average of 43.2%, First Bancorp's payout ratio is 26% lower.
Total amount of dividends paid per financial year (from cash flow)
FBNC dividend vs peer dividends
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| PEBK Peoples Bancorp Of North Carolina Inc | 3.51% | $0.92 | 29.9% |
| FBNC First Bancorp | 2.06% | $0.88 | 31.9% |
| FCNCA First Citizens Bancshares Inc | 0.33% | $6.56 | 3.6% |
Frequently asked questions
Does First Bancorp pay a dividend?
Yes, First Bancorp has been paying dividends for the last 30 years.
When was FBNC's last dividend?
First Bancorp's last regular dividend was on Sep 30, 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 2.09%.
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 31.9%.
Does First Bancorp pay a good dividend?
First Bancorp's dividend yield is below the Financial Services sector average.
Special dividends are included in TTM DPS and yield. Data from 
and Sharadar.