First Bancorp Dividend
What is First Bancorp current dividend yield, its reliability and sustainability?
Dividend Score
5/6Dividend Score 5/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage
2.21%
Current Dividend Yield
Dividend Yield vs Market
| First Bancorp Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (FBNC) | 2.2% |
| Market Bottom 25% (US) | 1.5% |
| Market Top 25% (US) | 4.3% |
| Industry Average (Banks) | 3.0% |
| Analyst forecast in 3 Years (FBNC) | 2.4% |
Notable Dividend: FBNC's dividend (2.21%) is higher than the bottom 25% of dividend payers in the US market (1.52%).
High Dividend: FBNC's dividend (2.21%) is low compared to the top 25% of dividend payers in the US market (4.26%).
Stability and Growth of Payments
| Month | Dividend Per Share (annual) | Avg. Yield (%) |
|---|---|---|
| 12/31/2024 | 0.95 | 5 |
| 12/31/2023 | 0.92 | 5 |
| 1/25/2023 | 0.88 | 2.21 |
| 12/21/2022 | 0.88 | 2.12 |
| 9/17/2022 | 0.88 | 2.06 |
| 6/17/2022 | 0.88 | 2.43 |
| 2/7/2022 | 0.88 | 2.2 |
| 12/15/2021 | 0.8 | 1.76 |
| 9/17/2021 | 0.8 | 1.73 |
| 6/15/2021 | 0.8 | 1.96 |
| 3/15/2021 | 0.8 | 1.84 |
| 12/15/2020 | 0.72 | 1.94 |
| 9/15/2020 | 0.72 | 2.8 |
| 6/12/2020 | 0.72 | 3.27 |
| 3/13/2020 | 0.72 | 3.07 |
| 11/19/2019 | 0.72 | 1.98 |
| 9/13/2019 | 0.48 | 1.3 |
| 6/14/2019 | 0.48 | 1.34 |
| 2/5/2019 | 0.48 | 1.3 |
| 12/14/2018 | 0.4 | 1.16 |
| 9/14/2018 | 0.4 | 1.04 |
| 6/15/2018 | 0.4 | 0.96 |
| 3/15/2018 | 0.4 | 1.04 |
| 12/15/2017 | 0.32 | 0.89 |
| 9/15/2017 | 0.32 | 0.9 |
| 6/15/2017 | 0.32 | 1.03 |
| 3/15/2017 | 0.32 | 1.1 |
| 12/15/2016 | 0.32 | 1.11 |
| 9/15/2016 | 0.32 | 1.49 |
| 6/15/2016 | 0.32 | 1.7 |
| 3/15/2016 | 0.32 | 1.65 |
| 12/15/2015 | 0.32 | 1.72 |
| 9/15/2015 | 0.32 | 1.75 |
| 6/16/2015 | 0.32 | 1.9 |
| 3/16/2015 | 0.32 | 1.93 |
| 12/16/2014 | 0.32 | 1.84 |
| 9/15/2014 | 0.32 | 1.87 |
| 6/16/2014 | 0.32 | 1.86 |
| 3/14/2014 | 0.32 | 1.76 |
| 12/16/2013 | 0.32 | 1.85 |
| 9/13/2013 | 0.32 | 2.13 |
| 6/13/2013 | 0.32 | 2.16 |
| 3/15/2013 | 0.32 | 2.37 |
| 12/17/2012 | 0.32 | 2.45 |
| 8/28/2012 | 0.32 | 2.93 |
| 6/18/2012 | 0.32 | 3.62 |
| 3/9/2012 | 0.32 | 3.26 |
Stable Dividend: FBNC's dividends per share have been stable in the past 10 years.
Growing Dividend: FBNC's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (25.6%), FBNC's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: FBNC's dividends in 3 years are forecast to be well covered by earnings (20.8% payout ratio).