FBP First Bancorp dividend history, payout ratio & dates
First Bancorp's last dividend was on Aug 29, 2024 (ex-date) with a distribution of $0.16 per share. At an annualized rate of $0.62 per share, the stock yields 3.08%.
Key dates
- FBP last dividend date: Aug 29, 2024
FBP dividend stats
vs. Financial Services sector
Dividend yield
FBP has a dividend yield of 3.08% which is higher than the Financial Services sector and its peers average but lower than the industry average. In comparison with the Financial Services sector average of 2.87%, First Bancorp's dividend yield is 7% higher. The current dividend yield is higher than the historical average of 2.9% of the last 5 years.
Dividend history
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 54% from a year ago, the dividend yield marks a decrease of 25%.
Recent dividends
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| Aug 29, 2024 | $0.16 | 2.93% |
| May 30, 2024 | $0.16 | 3.41% |
| Feb 22, 2024 | $0.16 | 3.51% |
| Nov 22, 2023 | $0.14 | 3.73% |
| Aug 23, 2023 | $0.14 | 3.96% |
| May 23, 2023 | $0.14 | 4.47% |
| Feb 23, 2023 | $0.14 | 3.49% |
| Nov 23, 2022 | $0.12 | 3.02% |
| Aug 24, 2022 | $0.12 | 2.94% |
| May 24, 2022 | $0.12 | 2.83% |
| Feb 24, 2022 | $0.1 | 2.48% |
| Nov 24, 2021 | $0.1 | 2.11% |
| Aug 25, 2021 | $0.07 | 2.04% |
| May 25, 2021 | $0.07 | 1.94% |
| Feb 25, 2021 | $0.07 | 2.06% |
| Nov 25, 2020 | $0.05 | 2.39% |
| Aug 26, 2020 | $0.05 | 3.5% |
| May 27, 2020 | $0.05 | 3.02% |
| Feb 27, 2020 | $0.05 | 1.97% |
| Nov 27, 2019 | $0.05 | 1.34% |
| Aug 28, 2019 | $0.03 | 1.28% |
| May 29, 2019 | $0.03 | 0.88% |
| Feb 27, 2019 | $0.03 | 0.53% |
| Nov 29, 2018 | $0.03 | 0.33% |
First Bancorp dividend payout ratio
Payout ratio
FBP has a payout ratio of 33.7% which is lower than the Financial Services sector, the industry and its peers average. In comparison with the Financial Services sector average of 43.4%, First Bancorp's payout ratio is 22% lower.
Total amount of dividends paid per financial year (from cash flow)
FBP dividend vs peer dividends
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| NWBI Northwest Bancshares Inc | 6.11% | $0.8 | 98.8% |
| FBP First Bancorp | 3.06% | $0.62 | 33.7% |
| BPOP Popular Inc | 2.51% | $2.48 | 34.9% |
| OFG Ofg Bancorp | 2.41% | $0.97 | 23.7% |
| FCNCA First Citizens Bancshares Inc | 0.32% | $6.56 | 3.6% |
Frequently asked questions
Does First Bancorp pay a dividend?
Yes, First Bancorp has been paying dividends for the last six years.
When was FBP's last dividend?
First Bancorp's last regular dividend was on Aug 29, 2024 (ex-date) with the amount of $0.16 per share.
How much dividend does First Bancorp pay (per share)?
FBP's annualized dividend per share is $0.62.
What is First Bancorp's dividend yield?
Currently First Bancorp's dividend yield is 3.08%.
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 33.7%.
Does First Bancorp pay a good dividend?
First Bancorp's dividend yield is higher than the Financial Services sector average.
Special dividends are included in TTM DPS and yield. Data from 
and Sharadar.