First Interstate BancSystem Dividend

Dividend criteria checks 5/6

First Interstate BancSystem is a dividend paying company with a current yield of 6.74% that is well covered by earnings. Next payment date is on 16th May, 2024 with an ex-dividend date of 3rd May, 2024.

Key information

6.7%

Dividend yield

75%

Payout ratio

Industry average yield	3.0%
Next dividend pay date	16 May 24
Ex dividend date	03 May 24
Dividend per share	n/a
Earnings per share	US$2.48
Dividend yield forecast in 3Y	6.8%

Recent dividend updates

First Interstate BancSystem (NASDAQ:FIBK) Will Pay A Larger Dividend Than Last Year At $0.47

Nov 02

Recent updates

First Interstate BancSystem: 2024 Does Not Bode Well

Feb 04

Analysts Are Updating Their First Interstate BancSystem, Inc. (NASDAQ:FIBK) Estimates After Its Annual Results

Feb 02

First Interstate BancSystem (NASDAQ:FIBK) Will Pay A Larger Dividend Than Last Year At $0.47

Nov 02

First Interstate BancSystem: Benefits From Acquisition, Organic Growth Appear Priced-In

Aug 06

First Interstate Banc GAAP EPS of $0.59 beats by $0.07, revenue of $288.9M beats by $15.56M

Jul 26

Is Now The Time To Put First Interstate BancSystem (NASDAQ:FIBK) On Your Watchlist?

Jan 12

First Interstate BancSystem: Acquisition-Related Cost Savings To Support Earnings

Dec 11

Does First Interstate BancSystem (NASDAQ:FIBK) Deserve A Spot On Your Watchlist?

Aug 31

First Interstate: A Solid Bank With An Even Better Growth Outlook

Aug 27

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: FIBK's dividends per share have been stable in the past 10 years.

Growing Dividend: FIBK's dividend payments have increased over the past 10 years.

Dividend Yield vs Market

First Interstate BancSystem Dividend Yield vs Market

How does FIBK dividend yield compare to the market?
Segment	Dividend Yield
Company (FIBK)	6.7%
Market Bottom 25% (US)	1.5%
Market Top 25% (US)	4.7%
Industry Average (Banks)	3.0%
Analyst forecast in 3 Years (FIBK)	6.8%

Notable Dividend: FIBK's dividend (6.74%) is higher than the bottom 25% of dividend payers in the US market (1.55%).

High Dividend: FIBK's dividend (6.74%) is in the top 25% of dividend payers in the US market (4.77%)

Current Payout to Shareholders

Earnings Coverage: With its reasonable payout ratio (75%), FIBK's dividend payments are covered by earnings.

Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years or that it will be covered by earnings.

First Interstate BancSystem Dividend

Dividend criteria checks 5/6

Key information

Recent dividend updates

First Interstate Bancsystem, Inc Declares Dividend, Payable on May 16, 2024

First Interstate Bancsystem, Inc Declares Dividend, Payable on February 19, 2024

First Interstate BancSystem, Inc. Declares Dividend, Payable on August 17, 2023

First Interstate BancSystem (NASDAQ:FIBK) Will Pay A Larger Dividend Than Last Year At $0.47

Upcoming dividend of US$0.47 per share

First Interstate BancSystem, Inc. Increases Quarterly Cash Dividend, Payable on November 18, 2022

Recent updates

First quarter dividend of US$0.47 announced

New major risk - Revenue and earnings growth

First Interstate Bancsystem, Inc Declares Dividend, Payable on May 16, 2024

First quarter 2024 earnings: EPS exceeds analyst expectations

First Interstate BancSystem, Inc., Annual General Meeting, May 22, 2024

First Interstate BancSystem, Inc. to Report Q1, 2024 Results on Apr 24, 2024

First Interstate BancSystem, Inc. Announces Retirement of James P. Brannen as Member of the Board of Directors

Full year 2023 earnings: EPS in line with expectations, revenues disappoint

First Interstate BancSystem: 2024 Does Not Bode Well

Fourth quarter dividend of US$0.47 announced

Analysts Are Updating Their First Interstate BancSystem, Inc. (NASDAQ:FIBK) Estimates After Its Annual Results

Full year 2023 earnings: EPS in line with expectations, revenues disappoint

First Interstate Bancsystem, Inc Declares Dividend, Payable on February 19, 2024

First Interstate BancSystem, Inc. to Report Q4, 2023 Results on Jan 30, 2024

Price target increased by 8.1% to US$29.00

Insider recently sold US$32m worth of stock

Now 21% undervalued

First Interstate BancSystem, Inc. Appoints Lori Meyer as the Executive Vice President and Chief Information Officer

Insider recently sold US$313k worth of stock

Third quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behind

First Interstate BancSystem, Inc. Reports Net Charge-Offs for the Third Quarter Ended September 30, 2023

First Interstate BancSystem, Inc. to Report Q3, 2023 Results on Oct 25, 2023

Insider recently sold US$1.0m worth of stock

First Interstate BancSystem, Inc. Appoints Lorrie L. Asker as Executive Vice President and Chief Banking Officer

Second quarter 2023 earnings: EPS and revenues miss analyst expectations

First Interstate BancSystem, Inc. Declares Dividend, Payable on August 17, 2023

Now 20% undervalued after recent price drop

First Interstate BancSystem, Inc. to Report Q2, 2023 Results on Jul 26, 2023

New major risk - Revenue and earnings growth

First Interstate Bancsystem, Inc. Announces Executive Changes

President recently bought US$343k worth of stock

Investor sentiment improves as stock rises 15%

Independent Director recently sold US$986k worth of stock

Independent Director recently sold US$1.3m worth of stock

Executive VP & CFO recently bought US$128k worth of stock

Consensus EPS estimates fall by 15%

Price target decreased by 7.1% to US$33.71

First quarter 2023 earnings: EPS and revenues miss analyst expectations

Price target decreased by 8.0% to US$36.29

Independent Director recently sold US$10m worth of stock

Full year 2022 earnings: EPS and revenues miss analyst expectations

First Interstate BancSystem, Inc. Announces Management Changes

Independent Director recently sold US$341k worth of stock

Consensus EPS estimates fall by 16%

Price target decreased by 8.5% to US$44.67

Full year 2022 earnings: EPS and revenues miss analyst expectations

First Interstate BancSystem, Inc. Announces Net Loan Charge-Offs for the Fourth Quarter Ended December 31, 2022

First Interstate BancSystem, Inc. to Report Q4, 2022 Results on Jan 26, 2023

President recently sold US$104k worth of stock

President notifies of intention to sell stock

Independent Director notifies of intention to sell stock

Independent Director recently sold US$1.3m worth of stock

First Interstate BancSystem (NASDAQ:FIBK) Will Pay A Larger Dividend Than Last Year At $0.47

Insider recently sold US$686k worth of stock

Upcoming dividend of US$0.47 per share

Third quarter 2022 earnings: EPS and revenues miss analyst expectations

First Interstate BancSystem, Inc. Increases Quarterly Cash Dividend, Payable on November 18, 2022

First Interstate BancSystem, Inc. Announces Executive Changes

Insider recently sold US$103k worth of stock

First Interstate BancSystem: Benefits From Acquisition, Organic Growth Appear Priced-In

Executive VP & Chief Banking Officer recently sold US$57k worth of stock

Consensus EPS estimates increase by 12%

Upcoming dividend of US$0.41 per share

First Interstate BancSystem, Inc. Declares Dividend, Payable on August 19, 2022

Second quarter 2022 earnings: EPS and revenues exceed analyst expectations

First Interstate Banc GAAP EPS of $0.59 beats by $0.07, revenue of $288.9M beats by $15.56M

First Interstate BancSystem, Inc. to Report Q2, 2022 Results on Jul 26, 2022

President recently bought US$594k worth of stock

First Interstate BancSystem Maintains Systematic Liquidity