First Financial Bankshares's most recent quarterly dividend was on Sep 13, 2023 (ex-date) with a cash dividend payment of $0.18 per share. On an annualized basis, the company has a current payout of $0.7 per share. This brings the dividend yield to 2.79% based on its recent close price.
First Financial Bankshares's dividend yield of 2.79% is lower than the Financial Services sector, the industry and its peers average. In comparison with the Financial Services sector average of 3.73%, First Financial Bankshares's dividend yield is 25% lower. The historical 5-year average of FFIN's dividend yield is 1.6%, which is lower than the current one.
First Financial Bankshares has been paying dividends since 1994. FFIN has issued four quarterly dividends in the last twelve months. The annualized DPS has increased by 9% for the last year. And since the stock price has gone down by 40% from a year ago, the dividend yield has increased by 82%.
Ex-date | Payment date | Declared on | Amount | Type |
---|---|---|---|---|
Sep 13, 2023 | Oct 2, 2023 | Aug 2, 2023 | $0.18 | normal |
Jun 14, 2023 | Jul 3, 2023 | Apr 25, 2023 | $0.18 | normal |
Mar 10, 2023 | Apr 3, 2023 | Jan 24, 2023 | $0.17 | normal |
Dec 14, 2022 | Jan 3, 2023 | Oct 25, 2022 | $0.17 | normal |
Sep 14, 2022 | Oct 3, 2022 | Jul 26, 2022 | $0.17 | normal |
Jun 15, 2022 | Jul 1, 2022 | Apr 26, 2022 | $0.17 | normal |
Mar 15, 2022 | Apr 1, 2022 | Jan 25, 2022 | $0.15 | normal |
Dec 15, 2021 | Jan 3, 2022 | Oct 26, 2021 | $0.15 | normal |
Sep 15, 2021 | Oct 1, 2021 | Jul 27, 2021 | $0.15 | normal |
Jun 15, 2021 | Jul 1, 2021 | Apr 27, 2021 | $0.15 | normal |
Mar 15, 2021 | Apr 1, 2021 | Jan 26, 2021 | $0.13 | normal |
Dec 15, 2020 | Jan 4, 2021 | Oct 27, 2020 | $0.13 | normal |
Sep 15, 2020 | Oct 1, 2020 | Jul 28, 2020 | $0.13 | normal |
Jun 15, 2020 | Jul 1, 2020 | Apr 28, 2020 | $0.13 | normal |
Mar 13, 2020 | Apr 1, 2020 | Jan 28, 2020 | $0.12 | normal |
Dec 12, 2019 | Jan 2, 2020 | Oct 22, 2019 | $0.12 | normal |
Sep 13, 2019 | Oct 1, 2019 | Jul 23, 2019 | $0.12 | normal |
Jun 14, 2019 | Jul 1, 2019 | Apr 23, 2019 | $0.12 | normal |
Mar 14, 2019 | Apr 1, 2019 | Jan 22, 2019 | $0.105 | normal |
Dec 13, 2018 | Jan 2, 2019 | Oct 23, 2018 | $0.105 | normal |
Sep 14, 2018 | Oct 1, 2018 | Jul 24, 2018 | $0.105 | normal |
Jun 14, 2018 | Jul 2, 2018 | Apr 24, 2018 | $0.105 | normal |
Mar 14, 2018 | Apr 2, 2018 | Jan 23, 2018 | $0.095 | normal |
Dec 14, 2017 | Jan 2, 2018 | Oct 24, 2017 | $0.095 | normal |
Sep 14, 2017 | Oct 2, 2017 | Jul 25, 2017 | $0.095 | normal |
Jun 14, 2017 | Jul 3, 2017 | Apr 25, 2017 | $0.095 | normal |
Mar 13, 2017 | Apr 3, 2017 | Jan 24, 2017 | $0.09 | normal |
Dec 13, 2016 | Jan 3, 2017 | $0.09 | normal | |
Sep 13, 2016 | Oct 3, 2016 | Jul 26, 2016 | $0.09 | normal |
Jun 14, 2016 | Jul 1, 2016 | Apr 26, 2016 | $0.09 | normal |
Mar 14, 2016 | Apr 1, 2016 | Jan 26, 2016 | $0.08 | normal |
First Financial Bankshares's payout ratio of 44.9% is above the Financial Services sector, the industry and its peers average. Compared to its Financial Services sector average of 33.5%, First Financial Bankshares's payout ratio is 34% higher.
Name | Dividend yield | DPS | Payout ratio |
---|---|---|---|
SBSI Southside Bancshares Inc | 4.87% | $1.39 | 41.5% |
PB Prosperity Bancshares Inc | 4.14% | $2.2 | 41.4% |
CFR Cullen/Frost Bankers Inc | 3.94% | $3.53 | 33% |
IBTX Independent Bank Group Inc | 3.89% | $1.52 | 70.4% |
IBOC International Bancshares Corp | 2.93% | $1.26 | 20% |
FFIN First Financial Bankshares Inc | 2.88% | $0.7 | 44.9% |
Yes, First Financial Bankshares has been paying dividends for the last 29 years.
Currently FFIN's next dividend date is unknown, however based on the recent dividend frequency we project that it will likely be in December 2023.
First Financial Bankshares's last dividend ex-date was on Sep 13, 2023. The dividend amount was $0.18 per share.
FFIN has paid dividend of $0.7 per share in the last year.
Currently First Financial Bankshares's dividend yield is 2.79%.
First Financial Bankshares has a quarterly dividend frequency.
First Financial Bankshares's dividend payout ratio is 44.9%.
First Financial Bankshares's dividend yield is lower than the Financial Services sector average.