First Financial Bancorp's most recent dividend was on Aug 30, 2024 (ex-date) with a cash dividend payment of $0.24 per share. On an annualized basis, the company has a current payout of $0.93 per share. This brings the dividend yield to 3.8% based on its recent close price. The latest dividend has increased by $0.01, or 4.3% from the previous payment.
FFBC has a dividend yield of 3.8% which is higher than the Financial Services sector and the industry average but lower than its peers average. If we compare it with the Financial Services sector average of 2.94%, First Financial Bancorp's dividend yield is 29% higher. The historical 5-year average of FFBC's dividend yield is 4.4%, which is more than the current one.
First Financial Bancorp has been paying dividends since 1994. FFBC has issued four quarterly dividends in the last twelve months. The annualized DPS has increased by 1.1% for the last year. But since the stock price has gone up by 24% from a year ago, the dividend yield has decreased by 18%.
Ex-date | Amount | Yield (TTM) |
---|---|---|
Aug 30, 2024 | $0.24 | 3.51% |
Jun 3, 2024 | $0.23 | 4.24% |
Feb 29, 2024 | $0.23 | 4.24% |
Nov 30, 2023 | $0.23 | 4.55% |
Aug 31, 2023 | $0.23 | 4.43% |
May 31, 2023 | $0.23 | 4.85% |
Feb 28, 2023 | $0.23 | 3.73% |
Nov 30, 2022 | $0.23 | 3.48% |
Aug 31, 2022 | $0.23 | 4.26% |
May 31, 2022 | $0.23 | 4.39% |
Feb 28, 2022 | $0.23 | 3.74% |
Nov 30, 2021 | $0.23 | 4% |
Aug 31, 2021 | $0.23 | 3.91% |
May 28, 2021 | $0.23 | 3.61% |
Feb 26, 2021 | $0.23 | 4.1% |
Nov 30, 2020 | $0.23 | 5.73% |
Aug 31, 2020 | $0.23 | 6.71% |
May 29, 2020 | $0.23 | 6.92% |
Feb 28, 2020 | $0.23 | 4.42% |
Nov 29, 2019 | $0.23 | 3.7% |
Aug 29, 2019 | $0.23 | 3.75% |
May 31, 2019 | $0.22 | 3.76% |
Feb 28, 2019 | $0.22 | 2.92% |
Nov 30, 2018 | $0.2 | 2.79% |
Aug 30, 2018 | $0.2 | 2.41% |
May 31, 2018 | $0.19 | 2.29% |
Feb 28, 2018 | $0.19 | 2.57% |
Nov 30, 2017 | $0.17 | 2.4% |
Aug 30, 2017 | $0.17 | 2.81% |
May 31, 2017 | $0.17 | 2.63% |
Feb 28, 2017 | $0.17 | 2.34% |
Nov 30, 2016 | $0.16 | 2.39% |
Aug 31, 2016 | $0.16 | 2.94% |
May 27, 2016 | $0.16 | 3.24% |
Feb 29, 2016 | $0.16 | 3.82% |
Dec 2, 2015 | $0.16 | 3.26% |
Aug 26, 2015 | $0.16 | 3.55% |
May 27, 2015 | $0.16 | 3.6% |
Feb 25, 2015 | $0.16 | 3.53% |
FFBC has a payout ratio of 38% which is lower than the Financial Services sector, the industry and its peers average. In comparison with the Financial Services sector average of 42.9%, First Financial Bancorp's payout ratio is 11% lower.
Name | Dividend yield | DPS | Payout ratio |
---|---|---|---|
LCNB Lcnb Corp | 6.15% | $0.88 | 166% |
UBCP United Bancorp Inc | 5.11% | $0.67 | 45.2% |
WSBC Wesbanco Inc | 4.78% | $1.44 | 67.6% |
FMNB Farmers National Banc Corp | 4.67% | $0.68 | 49.3% |
HBAN Huntington Bancshares Inc | 4.04% | $0.62 | 58.5% |
FFBC First Financial Bancorp | 3.69% | $0.93 | 38% |
SBFG Sb Financial Group Inc | 2.79% | $0.55 | 30.7% |
PRK Park National Corp | 2.5% | $4.23 | 50.2% |
Yes, First Financial Bancorp has paid four dividends in the last 12 months. FFBC has been paying dividends since 1994.
First Financial Bancorp's last regular dividend was on Aug 30, 2024 (ex-date) with the amount of $0.24 per share.
On an annual basis FFBC pays $0.93 per share.
First Financial Bancorp's current dividend yield is 3.8%.
First Financial Bancorp has a quarterly dividend frequency.
The dividend payout ratio of First Financial Bancorp is 38%.
First Financial Bancorp's dividend yield is more than the Financial Services sector average.
Special dividends are included in TTM DPS and yield. Data from and Sharadar.