First Bancorp's latest quarterly dividend of $0.34 per share was on Jan 6, 2023 (ex-date). The annualized dividend distribution of $1.34 per share represents a current dividend yield of 5.06%.
First Bancorp's dividend yield of 5.06% is above the Financial Services sector, the industry and its peers average. Compared to its Financial Services sector average of 3.28%, First Bancorp's dividend yield is 54% higher. The current dividend yield is above the historical average of 4.4% of the last 5 years.
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 6% for the last twelve months. And with the price of the stock down by 11% from a year ago, the dividend yield has increased by 19%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| 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's payout ratio of 37.6% is above the Financial Services sector, the industry and its peers average. Compared to its Financial Services sector average of 30.7%, First Bancorp's payout ratio is 22% higher.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| WASH Washington Trust Bancorp Inc | 6.16% | $2.18 | 52.7% |
| FNLC First Bancorp Inc | 5.06% | $1.34 | 37.6% |
| CAC Camden National Corp | 4.34% | $1.62 | 38.8% |
| WBS Webster Financial Corp | 4.09% | $1.6 | 43% |
| BHB Bar Harbor Bankshares | 3.96% | $1.04 | 35.9% |
| INDB Independent Bank Corp | 3.07% | $2.08 | 36.6% |
| SAL Salisbury Bancorp Inc | 2.52% | $0.64 | 23.3% |
Yes, First Bancorp has been paying dividends for the last 24 years.
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 April 2023.
First Bancorp's last dividend ex-date was on Jan 6, 2023. The dividend amount was $0.34 per share.
FNLC has paid dividend of $1.34 per share in the last year.
Currently First Bancorp's dividend yield is 5.06%.
First Bancorp pays four dividends per year.
First Bancorp's dividend payout ratio is 37.6%.
First Bancorp's dividend yield is above the Financial Services sector average.