FMBH First Mid Bancshares dividend history, payout ratio & dates
First Mid Bancshares's latest dividend was on Aug 16, 2024 (ex-date) with a payout 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 2.39% based on its recent close price. The latest dividend has increased by $0.01, or 4.3% from the prior distribution.
Key dates
- FMBH last dividend date: Aug 16, 2024
FMBH dividend stats
vs. Financial Services sector
Dividend yield
First Mid Bancshares's dividend yield of 2.39% is lower than the Financial Services sector, the industry and its peers average. If we compare it with the Financial Services sector average of 2.82%, First Mid Bancshares's dividend yield is 15% lower. Historically FMBH's dividend yield has averaged at 2.7% in the last 5 years, which is more than the current one.
Dividend history
First Mid Bancshares has been paying dividends since 2000. FMBH has distributed four quarterly dividends in the past year. The annualized dividend per share has increased by 1.1% since twelve months ago. But with the price of the stock up by 49% from a year ago, the dividend yield has a decrease of 32%.
Recent dividends
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| Aug 16, 2024 | $0.24 | 2.44% |
| May 14, 2024 | $0.23 | 2.82% |
| Feb 15, 2024 | $0.23 | 2.91% |
| Nov 22, 2023 | $0.23 | 2.98% |
| Aug 11, 2023 | $0.23 | 3.11% |
| May 16, 2023 | $0.23 | 3.98% |
| Feb 14, 2023 | $0.23 | 2.9% |
| Nov 16, 2022 | $0.23 | 2.68% |
| Aug 17, 2022 | $0.23 | 2.28% |
| May 17, 2022 | $0.22 | 2.38% |
| Feb 9, 2022 | $0.22 | 2.11% |
| Nov 16, 2021 | $0.22 | 1.9% |
| Aug 17, 2021 | $0.22 | 2.59% |
| May 17, 2021 | $0.205 | 1.88% |
| Feb 18, 2021 | $0.205 | 2.97% |
| Nov 30, 2020 | $0.41 | 2.7% |
| May 29, 2020 | $0.4 | 3.14% |
| Nov 27, 2019 | $0.4 | 2.18% |
| May 31, 2019 | $0.36 | 2.15% |
| Nov 6, 2018 | $0.36 | 1.87% |
| May 31, 2018 | $0.05 | 1.82% |
| Apr 20, 2018 | $0.29 | 2.64% |
| Nov 30, 2017 | $0.34 | 1.64% |
| May 30, 2017 | $0.32 | 1.91% |
| Nov 29, 2016 | $0.16 | 2.04% |
| Aug 31, 2016 | $0.16 | 3.04% |
| May 27, 2016 | $0.3 | 2.33% |
| Nov 23, 2015 | $0.3 | 1.33% |
First Mid Bancshares dividend payout ratio
Payout ratio
First Mid Bancshares's payout ratio of 29.7% is below the Financial Services sector, the industry and its peers average. Compared to its Financial Services sector average of 43.4%, First Mid Bancshares's payout ratio is 32% lower.
Total amount of dividends paid per financial year (from cash flow)
FMBH dividend vs peer dividends
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| BOH Bank Of Hawaii Corp | 4.22% | $2.8 | 78.4% |
| TMP Tompkins Financial Corp | 3.88% | $2.42 | 244.4% |
| STBA S&T Bancorp Inc | 3.44% | $1.32 | 37% |
| MOFG MidWestOne Financial Group Inc | 3.42% | $0.97 | 49.5% |
| FCBC First Community Bankshares Inc | 2.81% | $1.18 | 42% |
| HOMB Home Bancshares Inc | 2.71% | $0.74 | 38.1% |
| GABC German American Bancorp Inc | 2.67% | $1.06 | 38.1% |
| RNST Renasant Corp | 2.6% | $0.88 | 33.3% |
| FMBH First Mid Bancshares Inc | 2.4% | $0.93 | 29.7% |
| FCNCA First Citizens Bancshares Inc | 0.35% | $6.56 | 3.6% |
Frequently asked questions
Does First Mid Bancshares pay a dividend?
Yes, First Mid Bancshares has paid four dividends in the last twelve months. FMBH has been paying dividends since 2000.
When was FMBH's last dividend?
First Mid Bancshares's last regular dividend was on Aug 16, 2024 (ex-date) with the amount of $0.24 per share.
How much dividend does First Mid Bancshares pay (per share)?
On an annual basis FMBH pays $0.93 per share.
What is First Mid Bancshares's dividend yield?
The current dividend yield of First Mid Bancshares is 2.39%.
How often does First Mid Bancshares pay dividends?
First Mid Bancshares pays dividends quarterly.
What is First Mid Bancshares's dividend payout ratio?
The dividend payout ratio of First Mid Bancshares is 29.7%.
Does First Mid Bancshares pay a good dividend?
First Mid Bancshares's dividend yield is less than the Financial Services sector average.
Special dividends are included in TTM DPS and yield. Data from 
and Sharadar.