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 |
|
First Bancorp has not yet announced its next dividend date. Last payment date was: Apr 19, 2024.
|
|
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 | |
|---|---|---|---|---|---|
| 21 | Mar 28, 2019 | Apr 09, 2019 | Apr 30, 2019 | $0.290 | 1.08% |
| 22 | Dec 20, 2018 | Jan 09, 2019 | Jan 31, 2019 | $0.290 | 1.12% |
| 23 | Sep 27, 2018 | Oct 05, 2018 | Oct 31, 2018 | $0.290 | 1.02% |
| 24 | Jun 28, 2018 | Jul 06, 2018 | Jul 31, 2018 | $0.290 | 0.95% |
| 25 | Mar 22, 2018 | Apr 04, 2018 | Apr 30, 2018 | $0.240 | 0.87% |
| 26 | Dec 21, 2017 | Jan 05, 2018 | Jan 31, 2018 | $0.240 | 0.85% |
| 27 | Sep 28, 2017 | Oct 12, 2017 | Oct 31, 2017 | $0.240 | 0.769% |
| 28 | Jun 29, 2017 | Jul 06, 2017 | Jul 28, 2017 | $0.240 | 0.90% |
| 29 | Mar 23, 2017 | Apr 04, 2017 | Apr 28, 2017 | $0.230 | 0.85% |
| 30 | Dec 22, 2016 | Jan 04, 2017 | Jan 31, 2017 | $0.350 | 1.30% |
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 (1.85%). 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 | 256.66M | $0.350 | 5.70% | 42.24% | |
| Macatawa Bank Corporation | 493.776M | $0.0900 | 3.61% | 28.37% |
