First Financial Bancorp's most recent quarterly dividend was on May 31, 2023 (ex-date) with a cash dividend payment of $0.23 per share. On an annualized basis, the company has a current payout of $0.92 per share. This brings the dividend yield to 4.72% based on its recent close price.
FFBC has a dividend yield of 4.72% 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 3.86%, First Financial Bancorp's dividend yield is 22% higher. The historical 5-year average of FFBC's dividend yield is 4.2%, which is less 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 not changed for the last year. But since the stock price has gone down by 6% from a year ago, the dividend yield has increased by 6%.
Ex-date | Payment date | Declared on | Amount | Type |
---|---|---|---|---|
May 31, 2023 | Jun 15, 2023 | Apr 25, 2023 | $0.23 | normal |
Feb 28, 2023 | Mar 15, 2023 | Jan 26, 2023 | $0.23 | normal |
Nov 30, 2022 | Dec 15, 2022 | Oct 25, 2022 | $0.23 | normal |
Aug 31, 2022 | Sep 15, 2022 | Jul 26, 2022 | $0.23 | normal |
May 31, 2022 | Jun 15, 2022 | Apr 26, 2022 | $0.23 | normal |
Feb 28, 2022 | Mar 15, 2022 | Jan 27, 2022 | $0.23 | normal |
Nov 30, 2021 | Dec 15, 2021 | Oct 26, 2021 | $0.23 | normal |
Aug 31, 2021 | Sep 15, 2021 | Jul 27, 2021 | $0.23 | normal |
May 28, 2021 | Jun 15, 2021 | Apr 27, 2021 | $0.23 | normal |
Feb 26, 2021 | Mar 15, 2021 | Jan 28, 2021 | $0.23 | normal |
Nov 30, 2020 | Dec 15, 2020 | Oct 27, 2020 | $0.23 | normal |
Aug 31, 2020 | Sep 15, 2020 | Jul 28, 2020 | $0.23 | normal |
May 29, 2020 | Jun 15, 2020 | Apr 28, 2020 | $0.23 | normal |
Feb 28, 2020 | Mar 16, 2020 | Jan 28, 2020 | $0.23 | normal |
Nov 29, 2019 | Dec 16, 2019 | Oct 22, 2019 | $0.23 | normal |
Aug 29, 2019 | Sep 16, 2019 | Jul 15, 2019 | $0.23 | normal |
May 31, 2019 | Jun 17, 2019 | Apr 25, 2019 | $0.22 | normal |
Feb 28, 2019 | Mar 15, 2019 | Jan 22, 2019 | $0.22 | normal |
Nov 30, 2018 | Dec 17, 2018 | Oct 23, 2018 | $0.2 | normal |
Aug 30, 2018 | Sep 17, 2018 | Jul 24, 2018 | $0.2 | normal |
May 31, 2018 | Jun 15, 2018 | Apr 24, 2018 | $0.19 | normal |
Feb 28, 2018 | Mar 15, 2018 | Jan 23, 2018 | $0.19 | normal |
Nov 30, 2017 | Jan 2, 2018 | Oct 24, 2017 | $0.17 | normal |
Aug 30, 2017 | Oct 2, 2017 | Jul 25, 2017 | $0.17 | normal |
May 31, 2017 | Jul 3, 2017 | Apr 25, 2017 | $0.17 | normal |
Feb 28, 2017 | Apr 3, 2017 | Jan 19, 2017 | $0.17 | normal |
Nov 30, 2016 | Jan 3, 2017 | Oct 25, 2016 | $0.16 | normal |
Aug 31, 2016 | Oct 3, 2016 | Jul 26, 2016 | $0.16 | normal |
May 27, 2016 | Jul 1, 2016 | Apr 26, 2016 | $0.16 | normal |
Feb 29, 2016 | Apr 1, 2016 | Jan 26, 2016 | $0.16 | normal |
FFBC has a payout ratio of 34.8% which is higher than the Financial Services sector and the industry average but lower than its peers average. In comparison with the Financial Services sector average of 32.1%, First Financial Bancorp's payout ratio is 8% higher.
Name | Dividend yield | DPS | Payout ratio |
---|---|---|---|
LCNB Lcnb Corp | 5.87% | $0.83 | 43.2% |
HBAN Huntington Bancshares Inc | 5.69% | $0.62 | 39.7% |
UBCP United Bancorp Inc | 5.64% | $0.64 | 41.8% |
FMNB Farmers National Banc Corp | 5.32% | $0.66 | 43.7% |
WSBC Wesbanco Inc | 5.25% | $1.38 | 45.5% |
FFBC First Financial Bancorp | 4.41% | $0.92 | 34.8% |
PRK Park National Corp | 3.87% | $4.18 | 47.4% |
SBFG Sb Financial Group Inc | 3.86% | $0.5 | 28.7% |
Yes, First Financial Bancorp has paid four dividends in the last 12 months. FFBC has been paying dividends since 1994.
FFBC hasn't announced its next dividend date yet, however if we take into account its recent dividend schedule, it is likely that its next dividend will be in August 2023.
First Financial Bancorp's last regular dividend was on May 31, 2023 (ex-date) with the amount of $0.23 per share.
On an annual basis FFBC pays $0.92 per share.
First Financial Bancorp's current dividend yield is 4.72%.
First Financial Bancorp has a quarterly dividend frequency.
The dividend payout ratio of First Financial Bancorp is 34.8%.
First Financial Bancorp's dividend yield is more than the Financial Services sector average.