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FNLC First Bancorp dividend history, payout ratio & dates

  1. Stocks
  2. Financial Services
  3. NASDAQ: FNLC
  4. Dividend

First Bancorp's latest quarterly dividend of $0.36 per share was on Jul 9, 2024 (ex-date). The annualized dividend distribution of $1.41 per share represents a current dividend yield of 4.82%. The latest FNLC payment of $0.36 marks a dividend growth of 2.9%.

Key dates

  • FNLC last dividend date: Jul 9, 2024
  • FNLC next dividend date: Not announced
Peer dividends: BHB CAC WBS INDB WASH
FNLC dividend stats
DPS
$1.41
Dividend yield
4.83%
Payout ratio
56.4%
vs. Financial Services sector
Dividend yield
2.85%
Payout ratio
41.2%

Dividend yield

What is First Bancorp current dividend yield

First Bancorp's dividend yield of 4.82% is above the Financial Services sector, the industry and its peers average. Compared to its Financial Services sector average of 2.85%, First Bancorp's dividend yield is 69% higher. The current dividend yield is similar to the historical average of 4.9% of the last 5 years.

Dividend history

What is FNLC dividend payout history and dates

First Bancorp has a history of paying dividends since 1999. Our records of FNLC show that the company has distributed four quarterly dividends in the past year. The annualized dividend per share has increased by 2.9% for the last twelve months. But with the price of the stock up by 12% from a year ago, the dividend yield has decreased by 8%.

Recent dividends

Ex-date Payment date Declared on Amount Type
Jul 9, 2024 Jul 19, 2024 Jun 27, 2024 $0.36 normal
Apr 8, 2024 Apr 19, 2024 Mar 28, 2024 $0.35 normal
Jan 5, 2024 Jan 19, 2024 Dec 21, 2023 $0.35 normal
Oct 6, 2023 Oct 20, 2023 Sep 28, 2023 $0.35 normal
Jul 7, 2023 Jul 20, 2023 Jun 29, 2023 $0.35 normal
Apr 6, 2023 Apr 20, 2023 Mar 30, 2023 $0.34 normal
Jan 6, 2023 Jan 20, 2023 Dec 15, 2022 $0.34 normal
Oct 4, 2022 Oct 21, 2022 Sep 21, 2022 $0.34 normal
Jul 8, 2022 Jul 22, 2022 Jun 30, 2022 $0.34 normal
Apr 8, 2022 Apr 22, 2022 Mar 31, 2022 $0.32 normal
Jan 7, 2022 Jan 21, 2022 Dec 30, 2021 $0.32 normal
Oct 8, 2021 Oct 22, 2021 Sep 30, 2021 $0.32 normal
Jul 7, 2021 Jul 19, 2021 Jun 24, 2021 $0.32 normal
Apr 5, 2021 Apr 16, 2021 Mar 25, 2021 $0.31 normal
Jan 5, 2021 Jan 19, 2021 Dec 17, 2020 $0.31 normal
Oct 5, 2020 Oct 16, 2020 Sep 24, 2020 $0.31 normal
Jul 6, 2020 Jul 20, 2020 Jun 25, 2020 $0.31 normal
Apr 8, 2020 Apr 20, 2020 Mar 26, 2020 $0.3 normal
Jan 6, 2020 Jan 17, 2020 Dec 19, 2019 $0.3 normal
Oct 4, 2019 Oct 22, 2019 Sep 26, 2019 $0.3 normal
Jul 9, 2019 Jul 31, 2019 Jun 27, 2019 $0.3 normal
Apr 9, 2019 Apr 30, 2019 Mar 28, 2019 $0.29 normal
Jan 10, 2019 Jan 31, 2019 Dec 20, 2018 $0.29 normal
Oct 5, 2018 Oct 31, 2018 Sep 27, 2018 $0.29 normal
Jul 6, 2018 Jul 31, 2018 Jun 28, 2018 $0.29 normal
Apr 4, 2018 Apr 30, 2018 Mar 22, 2018 $0.24 normal
Jan 5, 2018 Jan 31, 2018 Dec 21, 2017 $0.24 normal
Oct 12, 2017 Oct 31, 2017 Sep 28, 2017 $0.24 normal
Jul 6, 2017 Jul 28, 2017 Jun 29, 2017 $0.24 normal
Apr 4, 2017 Apr 28, 2017 Mar 23, 2017 $0.23 normal
Jan 4, 2017 Jan 31, 2017 Dec 22, 2016 $0.12 special
Jan 4, 2017 Jan 31, 2017 Dec 22, 2016 $0.23 normal
Oct 3, 2016 Oct 28, 2016 Sep 22, 2016 $0.23 normal
Jul 1, 2016 Jul 29, 2016 Jun 23, 2016 $0.23 normal

First Bancorp dividend payout ratio

What is First Bancorp dividend payout ratio compared to the sector

Payout ratio

First Bancorp's payout ratio of 56.4% is above the Financial Services sector, the industry and its peers average. Compared to its Financial Services sector average of 41.2%, First Bancorp's payout ratio is 37% higher.

Total amount of dividends paid per financial year (from cash flow)

FNLC dividend vs peer dividends

How does FNLC dividend compare to its peers' dividends
Name Dividend yield DPS Payout ratio
WASH Washington Trust Bancorp Inc 6.87% $2.24 82.7%
FNLC First Bancorp Inc 4.83% $1.41 56.4%
CAC Camden National Corp 4.15% $1.68 55.6%
INDB Independent Bank Corp 3.49% $2.24 43.2%
BHB Bar Harbor Bankshares 3.48% $1.14 41.5%
WBS Webster Financial Corp 3.25% $1.6 32.7%

Frequently asked questions

Does First Bancorp pay a dividend?

Yes, First Bancorp has been paying dividends for the last 25 years.

When is First Bancorp's next dividend?

At this point we don't have a record of FNLC's next dividend date, but based on the current dividend schedule we project that it will likely be in October 2024.

When was FNLC's last dividend?

First Bancorp's last dividend ex-date was on Jul 9, 2024. The dividend amount was $0.36 per share.

How much dividend does First Bancorp pay (per share)?

FNLC has paid dividend of $1.41 per share in the last year.

What is First Bancorp's dividend yield?

Currently First Bancorp's dividend yield is 4.82%.

How often does First Bancorp pay dividends?

First Bancorp pays four dividends per year.

What is First Bancorp's dividend payout ratio?

First Bancorp's dividend payout ratio is 56.4%.

Does First Bancorp pay a good dividend?

First Bancorp's dividend yield is above the Financial Services sector average.