Fnb's last quarterly dividend was on Mar 5, 2024 (ex-date) with a distribution of $0.12 per share. On an annualized basis, the company has a current payout of $0.48 per share. This brings the dividend yield to 3.49% based on its recent close price.
FNB has a dividend yield of 3.49% which is higher than the Financial Services sector average but lower than the industry and its peers average. But in comparison with the Financial Services sector average of 3.46%, Fnb's dividend yield is only 0.9% higher. Historically FNB's dividend yield has averaged at 4.3% in the last 5 years, which is higher than the current one.
Fnb has been paying dividends since 1994. FNB has issued four quarterly dividends in the last twelve months. The annualized DPS has not changed since one year ago. But with the stock price up by 23% from a year ago, the dividend yield marks a decrease of 19%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Mar 5, 2024 | Mar 15, 2024 | Feb 13, 2024 | $0.12 | normal |
| Dec 4, 2023 | Dec 15, 2023 | Oct 19, 2023 | $0.12 | normal |
| Sep 1, 2023 | Sep 15, 2023 | Jul 18, 2023 | $0.12 | normal |
| Jun 1, 2023 | Jun 15, 2023 | Apr 17, 2023 | $0.12 | normal |
| Mar 2, 2023 | Mar 15, 2023 | Jan 17, 2023 | $0.12 | normal |
| Dec 2, 2022 | Dec 15, 2022 | Oct 17, 2022 | $0.12 | normal |
| Sep 1, 2022 | Sep 15, 2022 | Jul 14, 2022 | $0.12 | normal |
| Jun 2, 2022 | Jun 15, 2022 | Apr 15, 2022 | $0.12 | normal |
| Mar 3, 2022 | Mar 15, 2022 | Jan 18, 2022 | $0.12 | normal |
| Dec 2, 2021 | Dec 15, 2021 | Oct 13, 2021 | $0.12 | normal |
| Sep 2, 2021 | Sep 15, 2021 | Jul 14, 2021 | $0.12 | normal |
| May 28, 2021 | Jun 15, 2021 | Apr 14, 2021 | $0.12 | normal |
| Mar 4, 2021 | Mar 15, 2021 | Jan 15, 2021 | $0.12 | normal |
| Dec 2, 2020 | Dec 15, 2020 | Oct 14, 2020 | $0.12 | normal |
| Sep 3, 2020 | Sep 15, 2020 | Jul 13, 2020 | $0.12 | normal |
| May 29, 2020 | Jun 15, 2020 | Apr 22, 2020 | $0.12 | normal |
| Mar 4, 2020 | Mar 15, 2020 | Feb 21, 2020 | $0.12 | normal |
| Dec 2, 2019 | Dec 15, 2019 | Oct 16, 2019 | $0.12 | normal |
| Sep 3, 2019 | Sep 15, 2019 | Aug 21, 2019 | $0.12 | normal |
| May 30, 2019 | Jun 15, 2019 | May 15, 2019 | $0.12 | normal |
| Mar 4, 2019 | Mar 15, 2019 | Feb 20, 2019 | $0.12 | normal |
| Nov 30, 2018 | Dec 15, 2018 | Oct 17, 2018 | $0.12 | normal |
| Aug 31, 2018 | Sep 15, 2018 | Aug 15, 2018 | $0.12 | normal |
| May 31, 2018 | Jun 15, 2018 | May 16, 2018 | $0.12 | normal |
| Mar 2, 2018 | Mar 15, 2018 | Feb 21, 2018 | $0.12 | normal |
| Nov 30, 2017 | Dec 15, 2017 | Oct 18, 2017 | $0.12 | normal |
| Aug 30, 2017 | Sep 15, 2017 | Aug 16, 2017 | $0.12 | normal |
| May 30, 2017 | Jun 15, 2017 | May 17, 2017 | $0.12 | normal |
| Feb 28, 2017 | Mar 15, 2017 | Feb 15, 2017 | $0.12 | normal |
| Nov 29, 2016 | Dec 15, 2016 | Oct 19, 2016 | $0.12 | normal |
| Aug 30, 2016 | Sep 15, 2016 | Aug 17, 2016 | $0.12 | normal |
| May 27, 2016 | Jun 15, 2016 | May 18, 2016 | $0.12 | normal |
| Feb 29, 2016 | Mar 15, 2016 | Feb 17, 2016 | $0.12 | normal |
FNB has a payout ratio of 36.4% which is higher than its peers average but lower than the Financial Services sector and the industry average. In comparison with the Financial Services sector average of 39.5%, Fnb's payout ratio is 8% lower.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| RF Regions Financial Corp | 4.69% | $0.92 | 43.6% |
| HBAN Huntington Bancshares Inc | 4.58% | $0.62 | 49.2% |
| FULT Fulton Financial Corp | 4.23% | $0.66 | 39.8% |
| UVSP UNIVEST FINANCIAL Corp | 3.96% | $0.84 | 34.7% |
| FCF First Commonwealth Financial Corp | 3.69% | $0.5 | 32.3% |
| MTB M&T Bank Corp | 3.55% | $5.2 | 32.8% |
| FNB Fnb Corp | 3.49% | $0.48 | 36.4% |
Yes, Fnb has been paying dividends for the last 30 years.
FNB 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 June 2024.
Fnb's last regular dividend was on Mar 5, 2024 (ex-date) with the amount of $0.12 per share.
FNB's annualized dividend per share is $0.48.
The current dividend yield of Fnb is 3.49%.
Fnb pays dividends quarterly.
The dividend payout ratio of Fnb is 36.4%.
Fnb's dividend yield is in line with the Financial Services sector average.