FBP First Bancorp dividend history, payout ratio & dates
- Stocks
- Financial Services
- NYSE: FBP
- Dividend
First Bancorp's last dividend was on Feb 21, 2025 (ex-date) with a distribution of $0.18 per share. At an annualized rate of $0.66 per share, the stock yields 3.15%. The latest dividend has grown by $0.02, or 13% from the previous dividend.
Key dates
- FBP last dividend date: Feb 21, 2025
FBP dividend stats
vs. Financial Services sector
Dividend yield
FBP has a dividend yield of 3.15% 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 2.99%, First Bancorp's dividend yield is 5% higher. The current dividend yield is in line with the historical average of 3.0% of the last 5 years.
Dividend history
First Bancorp has a long dividend history, including the last seven consecutive years with dividend payouts. FBP has issued four quarterly dividends in the last twelve months. The annualized DPS has grown by 14% since one year ago. However with the stock price up by 16% from a year ago, the dividend yield marks a decrease of 2.1%.
Recent dividends
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| Feb 21, 2025 | $0.18 | 3.4% |
| Nov 29, 2024 | $0.16 | 3.09% |
| 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 35.7% which is lower than the Financial Services sector, the industry and its peers average. In comparison with the Financial Services sector average of 43.8%, First Bancorp's payout ratio is 18% 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 | 6.31% | $0.8 | 88.9% |
| FBP First Bancorp | 3.15% | $0.66 | 35.7% |
| BPOP Popular Inc | 2.54% | $2.64 | 27.2% |
| OFG Ofg Bancorp | 2.46% | $1.05 | 24.9% |
| FCNCA First Citizens Bancshares Inc | 0.37% | $7.18 | 4.1% |
Frequently asked questions
Does First Bancorp pay a dividend?
Yes, First Bancorp has been paying dividends for the last seven years.
When was FBP's last dividend?
First Bancorp's last regular dividend was on Feb 21, 2025 (ex-date) with the amount of $0.18 per share.
How much dividend does First Bancorp pay (per share)?
FBP's annualized dividend per share is $0.66.
What is First Bancorp's dividend yield?
Currently First Bancorp's dividend yield is 3.15%.
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 35.7%.
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.