Primis Financial's latest quarterly cash dividend of $0.1 per share was issued to shareholders on record before Feb 8, 2024. At an annualized rate of $0.4 per share, the stock yields 3.65%.
Primis Financial's dividend yield of 3.65% is above the Financial Services sector average but below the industry average. If we compare it with its Financial Services sector average of 3.38%, Primis Financial's dividend yield is 8% higher. The historical 5-year average of FRST's dividend yield is 3.2%, which is less than the current yield.
Primis Financial has been paying dividends for the last 11 years. Our records show that FRST has distributed four quarterly dividends in the past year. The annualized dividend per share has remained the same since twelve months ago. However with the price of the stock up by 15% from a year ago, the dividend yield has a decrease of 13%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Feb 8, 2024 | Feb 23, 2024 | Jan 25, 2024 | $0.1 | normal |
| Nov 9, 2023 | Nov 24, 2023 | Oct 26, 2023 | $0.1 | normal |
| Aug 10, 2023 | Aug 25, 2023 | Jul 27, 2023 | $0.1 | normal |
| May 11, 2023 | May 26, 2023 | Apr 27, 2023 | $0.1 | normal |
| Feb 9, 2023 | Feb 24, 2023 | Jan 26, 2023 | $0.1 | normal |
| Nov 10, 2022 | Nov 28, 2022 | Oct 27, 2022 | $0.1 | normal |
| Aug 11, 2022 | Aug 26, 2022 | Jul 28, 2022 | $0.1 | normal |
| May 12, 2022 | May 27, 2022 | Apr 28, 2022 | $0.1 | normal |
| Feb 10, 2022 | Feb 25, 2022 | Jan 27, 2022 | $0.1 | normal |
| Nov 10, 2021 | Nov 26, 2021 | Oct 28, 2021 | $0.1 | normal |
| Aug 12, 2021 | Aug 27, 2021 | Jul 29, 2021 | $0.1 | normal |
| May 13, 2021 | May 24, 2021 | Apr 29, 2021 | $0.1 | normal |
| Feb 11, 2021 | Feb 26, 2021 | Jan 28, 2021 | $0.1 | normal |
| Nov 6, 2020 | Nov 20, 2020 | Oct 26, 2020 | $0.1 | normal |
| Aug 7, 2020 | Aug 21, 2020 | Jul 27, 2020 | $0.1 | normal |
| May 8, 2020 | May 22, 2020 | Apr 23, 2020 | $0.1 | normal |
| Feb 13, 2020 | Feb 28, 2020 | Jan 30, 2020 | $0.1 | normal |
| Nov 7, 2019 | Nov 22, 2019 | Oct 24, 2019 | $0.09 | normal |
| Aug 9, 2019 | Aug 23, 2019 | Jul 25, 2019 | $0.09 | normal |
| May 10, 2019 | May 24, 2019 | Apr 26, 2019 | $0.09 | normal |
| Feb 8, 2019 | Feb 22, 2019 | Jan 24, 2019 | $0.09 | normal |
| Nov 8, 2018 | Nov 23, 2018 | Oct 25, 2018 | $0.08 | normal |
| Aug 10, 2018 | Aug 24, 2018 | Jul 26, 2018 | $0.08 | normal |
| May 11, 2018 | May 25, 2018 | Apr 26, 2018 | $0.08 | normal |
| Feb 9, 2018 | Feb 23, 2018 | Jan 25, 2018 | $0.08 | normal |
| Nov 10, 2017 | Nov 24, 2017 | Oct 26, 2017 | $0.08 | normal |
| Aug 10, 2017 | Aug 25, 2017 | Jul 27, 2017 | $0.08 | normal |
| May 11, 2017 | May 26, 2017 | Apr 27, 2017 | $0.08 | normal |
| Feb 9, 2017 | Feb 24, 2017 | Jan 26, 2017 | $0.08 | normal |
| Nov 3, 2016 | Nov 18, 2016 | Oct 20, 2016 | $0.08 | normal |
| Aug 4, 2016 | Aug 19, 2016 | Jul 21, 2016 | $0.08 | normal |
Primis Financial's payout ratio of 200% is above the Financial Services sector and the industry average. Compared to its Financial Services sector average of 39.5%, Primis Financial's payout ratio is 406% higher.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| NRIM Northrim Bancorp Inc | 5.24% | $2.41 | 53.2% |
| NKSH National Bankshares Inc | 5.23% | $1.51 | 56.8% |
| FRST Primis Financial Corp | 3.68% | $0.4 | 200% |
Yes, Primis Financial has been paying dividends for the last 11 years.
At this point we don't have a record of FRST's next dividend date, but based on the current dividend schedule we project that it will likely be in May 2024.
Primis Financial's last dividend ex-date was on Feb 8, 2024. The dividend amount was $0.1 per share.
On an annual basis FRST pays $0.4 per share.
Primis Financial's current dividend yield is 3.65%.
Primis Financial has a quarterly dividend frequency.
The dividend payout ratio of Primis Financial is 200%.
Primis Financial's dividend yield is more than the Financial Services sector average.