First Bancorp Stock Dividends
FNLC pays dividends quarterly. Last paid amount was $0.350 at Apr 19, 2024. As of today, dividend yield (TTM) is 5.70%.
Dividend Yield Range
AI Analysis of FNLC
| Dividend Analysis | Generate |
Key Stats
| Dividend Yield (TTM) | 5.70% |
|---|---|
| Frequency | Quarterly |
| 1Y Growth | 0% |
| Payout Ratio | 0 |
| Amount Per Share | $0.350 |
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First Bancorp has not yet announced its next dividend date. Last payment date was: Apr 19, 2024.
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FNLC Dividend Payout History
To ensure a understanding of FNLC's dividend performance, consider examining the historical payout ratios and how they align with the company's earnings. Fluctuations in payout amounts may reflect changes in the company's dividend policy or earnings stability.
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Apr 08, 2024 | Apr 08, 2024 | Apr 19, 2024 | $0.350 | 1.52% |
| 2 | Dec 21, 2023 | Jan 05, 2024 | Jan 19, 2024 | $0.350 | 1.35% |
| 3 | Sep 28, 2023 | Oct 06, 2023 | Oct 20, 2023 | $0.350 | 1.54% |
| 4 | Jun 29, 2023 | Jul 07, 2023 | Jul 20, 2023 | $0.350 | 1.29% |
| 5 | Mar 30, 2023 | Apr 06, 2023 | Apr 20, 2023 | $0.340 | 1.36% |
| 6 | Dec 15, 2022 | Jan 06, 2023 | Jan 20, 2023 | $0.340 | 1.17% |
| 7 | Sep 21, 2022 | Oct 04, 2022 | Oct 21, 2022 | $0.340 | 1.16% |
| 8 | Jun 30, 2022 | Jul 08, 2022 | Jul 22, 2022 | $0.340 | 1.12% |
| 9 | Mar 31, 2022 | Apr 08, 2022 | Apr 22, 2022 | $0.320 | 1.10% |
| 10 | Dec 30, 2021 | Jan 07, 2022 | Jan 21, 2022 | $0.320 | 1.01% |
Dividend Sustainability
The company's low Dividend Sustainability Score (DSS) highlights potential challenges in upholding its current dividend levels. Unfortunately, its low Dividend Growth Potential Score (DGPS) suggests limited prospects for dividend growth. In conclusion, a more vigilant stance is recommended given the company's tentative dividend landscape.
Sustainability score
Growth potential
FNLC Dividend Calculator
Dividend Calculator is designed to forecast the potential returns from FNLC dividends based on your individual investment size or the number of shares you own. Simply enter your total investment amount to see the cumulative dividend payment you could receive over a specified period.
Read how to invest in FNLC stock here.
Comparing FNLC to Sector and Country
FNLC pays a solid dividend yield of 5.70%, which is higher than the average of the bottom 25% of dividend payers in the US market (1.89%). FNLC’s dividend yield is lower than the average of the top 25% of dividend payers in the Financial Services sector in the US market (11.07%), which means that there are more attractive dividend stocks to consider.
FNLC Stock Competitors
| Symbol | Amount Per Share | Dividend Yield (TTM) | Payout Ratio (TTM) | ||
|---|---|---|---|---|---|
| First Bancorp | 249.314M | $0.350 | 5.70% | 42.24% | |
| Macatawa Bank Corporation | 489.309M | $0.0900 | 3.61% | 20.85% |
