First Bancorp's last quarterly dividend was on May 23, 2023 (ex-date) with a distribution of $0.14 per share. At an annualized rate of $0.52 per share, the stock yields 4.49%.
FBP has a dividend yield of 4.49% which is higher than the Financial Services sector, the industry and its peers average. In comparison with the Financial Services sector average of 3.86%, First Bancorp's dividend yield is 16% higher. The current dividend yield is higher than the historical average of 2.6% of the last 5 years.
First Bancorp has a long dividend history, including the last five consecutive years with dividend payouts. FBP has issued four quarterly dividends in the last twelve months. The annualized DPS has grown by 33% since one year ago. And with the stock price down by 23% from a year ago, the dividend yield has grown by 73%.
Ex-date | Payment date | Declared on | Amount | Type |
---|---|---|---|---|
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 33.1% which is higher than the Financial Services sector, the industry and its peers average. But in comparison with the Financial Services sector average of 32.1%, First Bancorp's payout ratio is only 3.1% higher.
Name | Dividend yield | DPS | Payout ratio |
---|---|---|---|
NWBI Northwest Bancshares Inc | 7.19% | $0.8 | 73.4% |
FBP First Bancorp | 4.3% | $0.52 | 33.1% |
BPOP Popular Inc | 3.56% | $2.2 | 15.4% |
OFG Ofg Bancorp | 2.98% | $0.77 | 21% |
FCNCA First Citizens Bancshares Inc | 0.21% | $2.72 | 0.4% |
Yes, First Bancorp has been paying dividends for the last five years.
FBP hasn't announced its next dividend date yet, however if we take into account its recent dividend frequency, it is likely that its next dividend will be in August 2023.
First Bancorp's last regular dividend was on May 23, 2023 (ex-date) with the amount of $0.14 per share.
FBP's annualized dividend per share is $0.52.
Currently First Bancorp's dividend yield is 4.49%.
First Bancorp pays four dividends per year.
First Bancorp's dividend payout ratio is 33.1%.
First Bancorp's dividend yield is higher than the Financial Services sector average.