FNLC First Bancorp dividend history, payout ratio & dates
First Bancorp's latest dividend of $0.36 per share was on Oct 8, 2024 (ex-date). The annualized dividend distribution of $1.42 per share represents a current dividend yield of 4.97%.
Key dates
- FNLC last dividend date: Oct 8, 2024
FNLC dividend stats
vs. Financial Services sector
Dividend yield
First Bancorp's dividend yield of 4.97% is above the Financial Services sector, the industry and its peers average. Compared to its Financial Services sector average of 2.58%, First Bancorp's dividend yield is 93% higher. The current dividend yield is similar to the historical average of 4.9% of the last 5 years.
Dividend history
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 15% from a year ago, the dividend yield has decreased by 10%.
Recent dividends
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| Oct 8, 2024 | $0.36 | 5.55% |
| Jul 9, 2024 | $0.36 | 5.93% |
| Apr 8, 2024 | $0.35 | 5.91% |
| Jan 5, 2024 | $0.35 | 4.97% |
| Oct 6, 2023 | $0.35 | 5.75% |
| Jul 7, 2023 | $0.35 | 5.54% |
| Apr 6, 2023 | $0.34 | 5.4% |
| Jan 6, 2023 | $0.34 | 4.51% |
| Oct 4, 2022 | $0.34 | 4.57% |
| Jul 8, 2022 | $0.34 | 4.32% |
| Apr 8, 2022 | $0.32 | 4.37% |
| Jan 7, 2022 | $0.32 | 3.8% |
| Oct 8, 2021 | $0.32 | 4.24% |
| Jul 7, 2021 | $0.32 | 4.37% |
| Apr 5, 2021 | $0.31 | 4.23% |
| Jan 5, 2021 | $0.31 | 4.87% |
| Oct 5, 2020 | $0.31 | 5.57% |
| Jul 6, 2020 | $0.31 | 5.74% |
| Apr 8, 2020 | $0.3 | 5.14% |
| Jan 6, 2020 | $0.3 | 3.93% |
| Oct 4, 2019 | $0.3 | 4.32% |
| Jul 9, 2019 | $0.3 | 4.46% |
| Apr 9, 2019 | $0.29 | 4.46% |
| Jan 9, 2019 | $0.29 | 4.14% |
| Oct 5, 2018 | $0.29 | 3.62% |
| Jul 6, 2018 | $0.29 | 3.34% |
| Apr 4, 2018 | $0.24 | 3.46% |
| Jan 5, 2018 | $0.24 | 3.46% |
| Oct 12, 2017 | $0.24 | 3.07% |
| Jul 6, 2017 | $0.24 | 3.46% |
| Apr 4, 2017 | $0.23 | 3.43% |
| Jan 4, 2017 | $0.23 | 2.87% |
| Oct 3, 2016 | $0.23 | 3.87% |
| Jul 1, 2016 | $0.23 | 4.18% |
| Apr 4, 2016 | $0.22 | 4.53% |
| Jan 5, 2016 | $0.22 | 4.36% |
| Oct 1, 2015 | $0.22 | 4.56% |
| Jul 1, 2015 | $0.22 | 4.39% |
| Apr 1, 2015 | $0.21 | 4.81% |
First Bancorp dividend payout ratio
Payout ratio
First Bancorp's payout ratio of 59.2% is above the Financial Services sector, the industry and its peers average. Compared to its Financial Services sector average of 44%, First Bancorp's payout ratio is 35% higher.
Total amount of dividends paid per financial year (from cash flow)
FNLC dividend vs peer dividends
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| WASH Washington Trust Bancorp Inc | 6.12% | $2.24 | 83.9% |
| FNLC First Bancorp Inc | 4.97% | $1.42 | 59.2% |
| CAC Camden National Corp | 3.59% | $1.68 | 52.2% |
| BHB Bar Harbor Bankshares | 3.33% | $1.18 | 42.4% |
| INDB Independent Bank Corp | 3.13% | $2.26 | 49.1% |
| WBS Webster Financial Corp | 2.65% | $1.6 | 36.2% |
| EBTC Enterprise Bancorp Inc | 2.64% | $0.96 | 33.1% |
Frequently asked questions
Does First Bancorp pay a dividend?
Yes, First Bancorp has been paying dividends for the last 25 years.
When was FNLC's last dividend?
First Bancorp's last dividend ex-date was on Oct 8, 2024. The dividend amount was $0.36 per share.
How much dividend does First Bancorp pay (per share)?
FNLC has paid dividend of $1.42 per share in the last year.
What is First Bancorp's dividend yield?
Currently First Bancorp's dividend yield is 4.97%.
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 59.2%.
Does First Bancorp pay a good dividend?
First Bancorp's dividend yield is above the Financial Services sector average.
Special dividends are included in TTM DPS and yield. Data from 
and Sharadar.