First Foundation's latest quarterly dividend was on May 5, 2023 (ex-date) with a payout of $0.02 per share. At an annualized rate of $0.35 per share, the stock yields 8.25%. The latest dividend has a decrease of $0.09, or 82% from the prior distribution.
First Foundation's dividend yield of 8.25% is higher than the Financial Services sector and the industry average. In comparison with the Financial Services sector average of 3.81%, First Foundation's dividend yield is 117% higher.
First Foundation has been paying dividends since 2019. FFWM has distributed four quarterly dividends in the past year. The annualized dividend per share has a decrease of 13% since twelve months ago. However with the price of the stock down by 81% from a year ago, the dividend yield marks an increase of 364%.
Ex-date | Payment date | Declared on | Amount | Type |
---|---|---|---|---|
May 5, 2023 | May 19, 2023 | Apr 27, 2023 | $0.02 | normal |
Feb 3, 2023 | Feb 16, 2023 | Jan 26, 2023 | $0.11 | normal |
Nov 4, 2022 | Nov 17, 2022 | Oct 25, 2022 | $0.11 | normal |
Aug 4, 2022 | Aug 16, 2022 | Jul 26, 2022 | $0.11 | normal |
May 5, 2022 | May 16, 2022 | $0.11 | normal | |
Feb 9, 2022 | Feb 17, 2022 | $0.11 | normal | |
Nov 4, 2021 | Nov 15, 2021 | $0.09 | normal | |
Aug 6, 2021 | Aug 20, 2021 | Jul 27, 2021 | $0.09 | normal |
May 6, 2021 | May 17, 2021 | Apr 27, 2021 | $0.09 | normal |
Feb 4, 2021 | Feb 15, 2021 | Jan 26, 2021 | $0.09 | normal |
Nov 6, 2020 | Nov 17, 2020 | Oct 27, 2020 | $0.07 | normal |
Jul 23, 2020 | Aug 7, 2020 | Jul 21, 2020 | $0.07 | normal |
May 29, 2020 | Jun 15, 2020 | Apr 28, 2020 | $0.07 | normal |
Mar 4, 2020 | Mar 16, 2020 | Jan 28, 2020 | $0.07 | normal |
Nov 29, 2019 | Dec 16, 2019 | Oct 29, 2019 | $0.05 | normal |
Aug 30, 2019 | Sep 16, 2019 | Jul 30, 2019 | $0.05 | normal |
May 31, 2019 | Jun 17, 2019 | Apr 30, 2019 | $0.05 | normal |
Feb 28, 2019 | Mar 15, 2019 | Jan 29, 2019 | $0.05 | normal |
First Foundation's payout ratio of 22.4% is below the Financial Services sector and the industry average. In comparison with its Financial Services sector average of 32.1%, First Foundation's payout ratio is 30% lower.
Name | Dividend yield | DPS | Payout ratio |
---|---|---|---|
FFWM First Foundation Inc | 8.25% | $0.35 | 22.4% |
UBFO United Security Bancshares | 6.78% | $0.44 | 38.9% |
BHB Bar Harbor Bankshares | 4.39% | $1.06 | 33.7% |
BWFG Bankwell Financial Group Inc | 3.45% | $0.8 | 15.6% |
Yes, First Foundation has been paying dividends for the last four years.
FFWM hasn't announced its next dividend date yet, but if we take into consideration its recent dividend history, it is likely that its next dividend will be in August 2023.
First Foundation's last regular dividend was on May 5, 2023 (ex-date) with the amount of $0.02 per share.
FFWM's annualized dividend per share is $0.35.
The current dividend yield of First Foundation is 8.25%.
First Foundation has a quarterly dividend frequency.
First Foundation's dividend payout ratio is 22.4%.
First Foundation's dividend yield is higher than the Financial Services sector average.