First Bancorp's last quarterly dividend was on May 30, 2024 (ex-date) with a distribution of $0.16 per share. At an annualized rate of $0.6 per share, the stock yields 2.75%.
FBP has a dividend yield of 2.75% which is higher than its peers average but lower than the Financial Services sector and the industry average. But in comparison with the Financial Services sector average of 2.83%, First Bancorp's dividend yield is only 2.8% lower. The current dividend yield is in line with the historical average of 2.8% of the last 5 years.
First Bancorp has a long dividend history, including the last six consecutive years with dividend payouts. FBP has issued four quarterly dividends in the last twelve months. The annualized DPS has grown by 15% since one year ago. However with the stock price up by 51% from a year ago, the dividend yield marks a decrease of 24%.
Ex-date | Payment date | Declared on | Amount | Type |
---|---|---|---|---|
May 30, 2024 | Jun 14, 2024 | Apr 25, 2024 | $0.16 | normal |
Feb 22, 2024 | Mar 8, 2024 | Feb 8, 2024 | $0.16 | normal |
Nov 22, 2023 | Dec 8, 2023 | Oct 31, 2023 | $0.14 | normal |
Aug 23, 2023 | Sep 8, 2023 | Jul 24, 2023 | $0.14 | normal |
May 23, 2023 | Jun 9, 2023 | Apr 27, 2023 | $0.14 | normal |
Feb 23, 2023 | Mar 10, 2023 | Feb 9, 2023 | $0.14 | normal |
Nov 23, 2022 | Dec 9, 2022 | Oct 28, 2022 | $0.12 | normal |
Aug 24, 2022 | Sep 9, 2022 | Jul 21, 2022 | $0.12 | normal |
May 24, 2022 | Jun 10, 2022 | Apr 27, 2022 | $0.12 | normal |
Feb 24, 2022 | Mar 11, 2022 | Feb 10, 2022 | $0.1 | normal |
Nov 24, 2021 | Dec 10, 2021 | Oct 22, 2021 | $0.1 | normal |
Aug 25, 2021 | Sep 10, 2021 | Jul 29, 2021 | $0.07 | normal |
May 25, 2021 | Jun 11, 2021 | Apr 28, 2021 | $0.07 | normal |
Feb 25, 2021 | Mar 12, 2021 | Jan 28, 2021 | $0.07 | normal |
Nov 25, 2020 | Dec 11, 2020 | Oct 30, 2020 | $0.05 | normal |
Aug 26, 2020 | Sep 11, 2020 | Jul 31, 2020 | $0.05 | normal |
May 27, 2020 | Jun 12, 2020 | Apr 24, 2020 | $0.05 | normal |
Feb 27, 2020 | Mar 13, 2020 | Feb 6, 2020 | $0.05 | normal |
Nov 27, 2019 | Dec 13, 2019 | Oct 25, 2019 | $0.05 | normal |
Aug 28, 2019 | Sep 13, 2019 | Jul 31, 2019 | $0.03 | normal |
May 29, 2019 | Jun 14, 2019 | May 16, 2019 | $0.03 | normal |
Feb 27, 2019 | Mar 15, 2019 | Feb 14, 2019 | $0.03 | normal |
Nov 29, 2018 | Dec 14, 2018 | Nov 14, 2018 | $0.03 | normal |
FBP has a payout ratio of 33.9% which is lower than the Financial Services sector, the industry and its peers average. In comparison with the Financial Services sector average of 41.2%, First Bancorp's payout ratio is 18% lower.
Name | Dividend yield | DPS | Payout ratio |
---|---|---|---|
NWBI Northwest Bancshares Inc | 5.61% | $0.8 | 77.7% |
FBP First Bancorp | 2.75% | $0.6 | 33.9% |
BPOP Popular Inc | 2.34% | $2.41 | 35.8% |
OFG Ofg Bancorp | 2.02% | $0.94 | 23.9% |
FCNCA First Citizens Bancshares Inc | 0.27% | $5.67 | 3.1% |
Yes, First Bancorp has been paying dividends for the last six years.
FBP has announced its next dividend with ex-date Aug 29, 2024.
First Bancorp's last regular dividend was on May 30, 2024 (ex-date) with the amount of $0.16 per share.
FBP's annualized dividend per share is $0.6.
Currently First Bancorp's dividend yield is 2.75%.
First Bancorp pays four dividends per year.
First Bancorp's dividend payout ratio is 33.9%.
First Bancorp's dividend yield is in line with the Financial Services sector average.