FFBC First Financial Bancorp dividend history, payout ratio & dates
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 3.17% based on its recent close price. The latest dividend has increased by $0.01, or 4.3% from the previous payment.
Key dates
- FFBC last dividend date: Aug 30, 2024
FFBC dividend stats
vs. Financial Services sector
Dividend yield
FFBC has a dividend yield of 3.17% 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 2.58%, First Financial Bancorp's dividend yield is 23% higher. The historical 5-year average of FFBC's dividend yield is 4.4%, which is more than the current one.
Dividend history
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 45% from a year ago, the dividend yield has decreased by 30%.
Recent dividends
| 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% |
First Financial Bancorp dividend payout ratio
Payout ratio
FFBC has a payout ratio of 39.7% which is lower than the Financial Services sector, the industry and its peers average. In comparison with the Financial Services sector average of 44%, First Financial Bancorp's payout ratio is 10% lower.
Total amount of dividends paid per financial year (from cash flow)
FFBC dividend vs peer dividends
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| UBCP United Bancorp Inc | 5.34% | $0.67 | 48.8% |
| LCNB Lcnb Corp | 5.21% | $0.88 | 187.2% |
| PEBO Peoples Bancorp Inc | 4.51% | $1.59 | 44.8% |
| FMNB Farmers National Banc Corp | 4.4% | $0.68 | 54.4% |
| WSBC Wesbanco Inc | 3.99% | $1.44 | 68.9% |
| HBAN Huntington Bancshares Inc | 3.52% | $0.62 | 59.6% |
| FFBC First Financial Bancorp | 3.17% | $0.93 | 39.7% |
| OVBC Ohio Valley Banc Corp | 3.16% | $0.88 | 35.6% |
| SBFG Sb Financial Group Inc | 2.7% | $0.56 | 32.2% |
| PRK Park National Corp | 2.45% | $4.74 | 55.7% |
Frequently asked questions
Does First Financial Bancorp pay a dividend?
Yes, First Financial Bancorp has paid four dividends in the last 12 months. FFBC has been paying dividends since 1994.
When was FFBC's last dividend?
First Financial Bancorp's last regular dividend was on Aug 30, 2024 (ex-date) with the amount of $0.24 per share.
How much dividend does First Financial Bancorp pay (per share)?
On an annual basis FFBC pays $0.93 per share.
What is First Financial Bancorp's dividend yield?
First Financial Bancorp's current dividend yield is 3.17%.
How often does First Financial Bancorp pay dividends?
First Financial Bancorp has a quarterly dividend frequency.
What is First Financial Bancorp's dividend payout ratio?
The dividend payout ratio of First Financial Bancorp is 39.7%.
Does First Financial Bancorp pay a good dividend?
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.